New payment rates from next April for State Pension, PIP, Universal Credit and other DWP benefits
26.12.2022 - 15:11
/ dailyrecord.co.uk
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) will see their payments go up by 10.1% next year.
Chancellor Jeremy Hunt confirmed in November that State Pension, disability and working age benefits will be uprated by 10.1% from April in line with the rate of inflation in September, at a cost of £11 billion to the UK Government.
The uprating means that on average, a family on Universal Credit will benefit by around £600 next year. To increase the number of households who can benefit from this decision, the Chancellor will also increase the benefit cap with inflation next year. This means 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 nationally.
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.
Subject to Parliamentary approval, inflation-linked DWP benefits, Tax Credit elements and benefits administered by HMRC will rise by 10.1% from April 2023. The Basic and New State Pensions will also be uprated by 10.%, in line with the Triple Lock.
The DWP has published a full online guide to the increases for State Pensions, benefits and the increased benefit cap on GOV.UK.
Below is a summary of the new weekly payment rates.
Weekly rates are shown, unless otherwise stated and have been rounded as per the UK Government policy.
Care Component
Mobility component
Daily Living Component
Mobility Component
Standard allowance
Couple
You can read the full guide to changes in payments from April 2023 on GOV.UK here.
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