Benefits increase: payments such as Universal Credit and Child Benefit rise tomorrow
Universal Credit and Child Benefit are two key supportive payments provided by the government. As coronavirus continues to impact family incomes, benefit payments like these will become ever more crucial.
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As the new tax year starts, higher payments will be introduced for different kinds of state support.
Universal Credit will have its standard allowances raised (along with additional “elements”).
Currently there are four minimum payments available which are dependent on circumstances. Claimants will receive either £251.77, £317.82, 395.20 or £498.89 per month.
From 6 April these will rise to £256.05, £323.22, 401.91 or £507.37 respectively.
Child Benefit will also see an increase as the five year freeze comes to an end.
As it stands, claimants could receive two rates of £20.70 per week for the eldest child and £13.70 for additional children.
These payments will see a relatively small rise to £21.05 and £13.93.
There are no limits on how many children can be claimed for.
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Several other “working-age” benefits will also receive increases to their payments.
This is a broad term but it generally covers any benefits that can be received by someone who is aged between 16 and state pension age.
Examples of these benefits include jobseeker’s allowance, income support and employment and support allowance.
These types of benefits have a lot of variation to their payments but they can range from dozens of pounds to several hundred per week.
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It is possible some people may already be receiving higher rates and in other cases, the increased payments may be slightly delayed.
The government details that claimants should contact them directly if they feel they aren’t receiving correct amounts.
As a result of coronavirus, claimants will receive even higher payments than what was planned for.
Rishi Sunak recently announced that Universal Credit applicants will get extra monetary support.
As he detailed in a recent speech: “We are starting a great national effort to protect jobs. But the truth is we are already seeing job losses.
“And there may be more to come. I cannot promise you that no one will face hardship in the weeks ahead.
“So we will also act to protect you if the worst happens. To strengthen the safety net, I’m increasing today the Universal Credit standard allowance, for the next 12 months, by £1,000 a year.”
This will equate to about £80 a month. These increases will help people who suffer financially in the coming months but there may be some trouble for new claimants.
Demand for support has shot up recently and the state has made efforts to reduce delays by bringing in extra staff. This will likely be exacerbated by the fact that Jobcentre facilities have been closed and physical meetings have been scrapped.
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