{"id":143710,"date":"2023-11-26T16:30:18","date_gmt":"2023-11-26T16:30:18","guid":{"rendered":"https:\/\/celebrity-hub.com\/?p=143710"},"modified":"2023-11-26T16:30:18","modified_gmt":"2023-11-26T16:30:18","slug":"how-much-will-benefit-payments-increase-in-2024-the-sun","status":"publish","type":"post","link":"https:\/\/celebrity-hub.com\/lifestyle\/how-much-will-benefit-payments-increase-in-2024-the-sun\/","title":{"rendered":"How much will benefit payments increase in 2024? | The Sun"},"content":{"rendered":"
MILLIONS of households on benefits will see their payments rise next year, the government has confirmed.<\/p>\n
Universal Credit and many other benefits will rise in line with\u00a0September's inflation\u00a0rate of 6.7% next April.<\/p>\n
<\/p>\n
As part of his\u00a0Autumn Statement, Jeremy Hunt previously explained what will happen with benefits next year.<\/p>\n
It came after previous concerns that the government was planing to use a lower inflationary figure, which would've left millions of people hundreds of pounds worse off.<\/p>\n
Benefit payments usually rise each year in April, based on how much prices are rising in the previous September.<\/p>\n
For instance, last April, benefits rose by 10.1% in line with inflation from September 2022.<\/p>\n
Inflation\u00a0is higher than wage growth, which means if the government uses wages then payments will not rise by as much – and would be a cut in real terms.<\/p>\n A real-terms pay cut is when your pay rises below the level of inflation.<\/p>\n Benefit amounts vary depending on which type you're on, including Universal Credit, so payments will be different for each person.<\/p>\n Below we explain how much each benefit payment is rising by in April 2024, based on the 6.7% inflation rate.<\/p>\n <\/span><\/p>\n <\/span><\/p>\n <\/span><\/p>\n <\/span><\/p>\n It's always worth checking that you're getting all the benefits you're entitled to by\u00a0using a free benefits checker.<\/p>\n More than five million people claim Universal Credit, which was first introduced in 2013.<\/p>\n The average family on Universal Credit will see an increase of around \u00a3470 a year from April 2024.<\/p>\n This is the equivalent of an increase of around \u00a339 per month.<\/p>\n Under the system, you receive different monthly amounts depending on your circumstances:<\/p>\n If you're single and over 25, your payments will increase from \u00a3368.74 to \u00a3393.45 – an increase of \u00a324.71.<\/p>\n For couples on Universal Credit, over the age of 25 and with two children (born on or after 6 April 2017), payment will increase from \u00a31,117.98 to \u00a31,193.44 – a rise of \u00a375.46.<\/p>\n Most parents in the\u00a0UK\u00a0can claim\u00a0child benefit,\u00a0but there are still certain eligibility rules.<\/p>\n You can claim\u00a0if you're responsible for a child under 16 or under 20 in approved\u00a0education\u00a0or training.<\/p>\n Only one person in the household can get child benefit, but there is no limit to how many children you can claim.<\/p>\n There are\u00a0two child benefit rates\u00a0– one for the eldest child and another for each further child or children.<\/p>\n The current rate for your eldest or only child is \u00a324 per week. That's \u00a396 a month or \u00a31,248 a year.<\/p>\n You can get \u00a315.90 for every additional child.<\/p>\n With a 6.7% increase, the rate for your eldest or only child will increase from \u00a324 a week to \u00a325.60.<\/p>\n For every additional child, payments would be hiked from \u00a315.90 to roughly \u00a317.<\/p>\n Income support\u00a0is extra money for people who don't have enough to live on.<\/p>\n It's a means-tested benefit, which means your income, savings and any sources of cash are considered when deciding how much you'll receive.<\/p>\n How much you get depends on your personal circumstances.<\/p>\n However, if you're single and aged between 16 and 24, your weekly payments start from \u00a367.20.<\/p>\n It will go up to \u00a371.70 a week – a \u00a34.50 a week pay rise, from April 2024.<\/p>\n If you're in a couple, and you're both over 18, your payments will increase from \u00a3133.30 to \u00a3142.23 – an increase of \u00a38.93.<\/p>\n Retirees on a low income can get it topped up via Pension credit.<\/p>\n Pension Credit will rise from\u00a0\u00a3201.05\u00a0to \u00a3218.15 or for couples, from\u00a0\u00a3306.85 to \u00a3332.95.<\/p>\n If your income is lower than this, you should be eligible for the benefit.<\/p>\n You could get the "Savings Credit" part of Pension Credit if both of the following apply:<\/p>\n This part of Pension Credit will rise from \u00a315.94 a week to\u00a0\u00a317.29\u00a0or for couples, from \u00a317.84 to \u00a319.39.<\/p>\n There are also top-up amounts, for instance, if you're caring for someone else or are disabled.<\/p>\n You can find out more about\u00a0Pension Credit including how to apply in our guide.<\/p>\n Attendance allowance\u00a0is paid to people who've reached\u00a0state pension\u00a0age and need help looking after themselves because of a physical or mental\u00a0disability.<\/p>\n The lower rate is worth \u00a368.10 a week.<\/p>\n From next April, payments will rise from \u00a368.10 to \u00a372.66 a week – a rise of \u00a34.56.<\/p>\n The higher rate is worth \u00a3101.75 weekly, which will rise to \u00a3108.56.<\/p>\n You can claim Carer\u2019s Allowance if you care for someone at least 35 hours a week and they get\u00a0certain benefits.<\/p>\n The rate will increase from\u00a0\u00a376.75\u00a0a week to \u00a381.89.<\/p>\n Disability\u00a0living allowance\u00a0is made up of two parts: the "care component" and the "mobility component".<\/p>\n To get\u00a0DLA,\u00a0you must be eligible for at least one of the components.<\/p>\n If you receive the highest care component right now, you'll get \u00a3101.75 a week.<\/p>\n You'll get \u00a326.90 a week if you receive the lowest amount.<\/p>\n From April 2024, your weekly payments will rise from \u00a3101.75 to \u00a3108.56 – up by \u00a36.81 a week if you're on the highest amount.<\/p>\n If you're on the lowest, your weekly payments will go from \u00a326.90 to \u00a328.70 – up \u00a31.80 weekly.<\/p>\n Employment Support Allowance (ESA) tops up workers' pay if they're on a low income.<\/p>\n You\u2019ll normally get the \u2018assessment rate\u2019 for 13 weeks while your claim is being assessed. This will rose to:<\/p>\n After you're assessed,you\u2019ll be placed into one of two groups if you\u2019re entitled to\u00a0ESA. <\/p>\n If you\u2019re able to get back into work in the future, you\u2019ll be put into the work-related activity group. Otherwise, you\u2019ll be put into the support group.<\/p>\n What you'll get will rise to:<\/p>\n There are also further rates for couples, those with disabilities or caring responsibilities.<\/p>\n Jobseekers Allowance (JSA) supports those who are out of work while they look for a job.<\/p>\n It is being replaced by Universal Credit but if you are still claiming it you'll see payments go up next year.<\/p>\n For under 25-year-olds, contribution-based and income-based payments will go up from \u00a367.20 a week to\u00a0\u00a371.70, and from \u00a384.80 to\u00a0\u00a390.50\u00a0a\u00a0week for those who are older.<\/p>\n There are also further rates for couples, those with children, disabilities or caring responsibilities.<\/p>\n People with long-term\u00a0health\u00a0conditions or disabilities can get extra help from a benefit known as personal independent payment (PIP).<\/p>\n PIP consists of two parts; whether you get one or both depends on how severely your condition affects you.<\/p>\n You may get the mobility part of PIP if you need help going out or moving around. The weekly rate for this is either \u00a326.90 or \u00a371.<\/p>\n Meanwhile, on the daily living part of PIP, the weekly rate is either \u00a368.10 or \u00a3101.75 – and you could get both elements.<\/p>\n This means you could get up to \u00a3172.75 in total.<\/p>\n If you get the maximum amount, you can expect your payments to rise from \u00a3172.75 a week to \u00a3184.32 a week from April 2024 – up by \u00a311.57 a week.<\/p>\n The full rate of the new\u00a0State Pension\u00a0will rise from \u00a3203.85 a week to\u00a0\u00a3221.20.<\/p>\n For the basic part of the old state pension, the rate will rise from \u00a3156.20 to \u00a3169.50.<\/p>\n You can also join our new Sun Money Facebook group to share stories and tips and engage with the consumer team and other group\u00a0members.<\/strong><\/p>\n<\/picture>FREE CASH <\/span><\/p>\n
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Universal Credit<\/h2>\n
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Child benefit<\/h2>\n
Income support<\/h2>\n
Pension Credit<\/h2>\n
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Attendance allowance<\/h2>\n
Carer's Allowance<\/h2>\n
Disability living allowance<\/h3>\n
Employment Support Allowance<\/h2>\n
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Jobseekers Allowance<\/h2>\n
Personal independence payment (PIP)<\/h2>\n
State Pension<\/h2>\n