The Department for Work and Pensions (DWP) has announced that millions of people receiving benefits from both the DWP and HMRC will see a rise in payment amounts starting from April. Payments are reported to be rising by some 10.1% from next month.
Despite this, however, most people won't see a difference until May, due to payments being made in arrears. Chancellor Jeremy Hunt confirmed in November last year that State Pension, disability and most working age benefits would be uplifted in line with the rate of inflation, the Liverpool Echo reports, at a cost of £11bn to the UK government.
This means that, on average, a family on Universal Credit will benefit by around £600 this year, the Daily Record reports. The benefit cap will also rise in line with inflation, meaning it will increase from £23,000 to £25,323 for families in Greater London and from £20,000 to £22,020 for families nationally.