DWP confirms new payment rates from next April for PIP, State Pension, Universal Credit and other benefits
06.12.2022 - 17:35
/ dailyrecord.co.uk
There are an estimated 19.2 million families and 39.8 million individuals across the UK currently in receipt of State Pension or benefits from the Department for Work and Pensions (DWP) and HM Revenue and Customs (HMRC) who will see their payments go up by 10.1% next year. The uprating will come into effect on April 10, 2023.
While that may seem a long way off, it offers a good opportunity to start planning your household budget early to find out how the increase could boost your finances, especially as the ongoing cost of living crisis shows no signs of slowing. Just remember that although the uprating comes into effect at the start of April, it won’t be seen in most payments until May as most tend to run four weeks behind.
Both DWP and HMRC have now published full details of the new payment rates, revised benefit cap and tax Credits thresholds on GOV.UK. We have summarised the changes below and listed them in alphabetical order to make it easier to find the payment you’re looking for.
The benefit cap will rise from £23,000 to £25,323 for families in Greater London and from £20,000 to £22,020 for families elsewhere across the UK.
Lower caps for single households without children will rise from £15,410 to £16,967 in Greater London and from £13,400 to £14,753 nationally.
Weekly rates are shown, unless otherwise stated.
Care Component
Mobility component
Daily Living Component
Mobility Component
Standard allowance
Couple
You can read the full guide to changes in payments from DWP from April 2023 on GOV.UK here.
There are two Child Benefit rates in place.
The new weekly rate for Guardian's Allowance will be £20.40 - an increase of £1.85 on the current 2022/23 rate of £18.55.
Working Tax Credit is paid to people who are in work and on a