Across the UK, an estimated 19.2 million families and 39.8 million individuals are currently receiving State Pension or other benefits from the Department for Work and Pensions (DWP) and HM Revenue and Customs (HMRC).
And for many, they will see their payments go up by 10.1 per cent next year., as reported by the Daily Record.
It comes after Jeremy Hunt's Autumn Statement which he delivered on Thursday (November 17) where he confirmed that the State Pension, disability and working age benefits will see the increase which is set to come into force from April 2023 in line with the rate of inflation in September, at a cost of £11 billion to the UK Government. The Chancellor added that there had been some arguments to uplift working age and disability benefits below the level of inflation, but said that “would not be consistent with our commitment to protect the most vulnerable”.
READ MORE: When is I'm A Celeb Final as Ant and Dec predict the top three camp mates
The Chancellor said: “That is an expensive commitment, costing £11 billion, but it means 10 million working age families will see a much-needed increase next year, which speaks to our priorities as a Government and our priorities as a nation.
“On average, a family on Universal credit will benefit next year by around £600, and to increase the number of households who can benefit from this decision I will also exceptionally increase the benefit cap with inflation next year.”
Proposed new DWP payment rates from 2023 to 2024
Subject to Parliamentary approval, inflation-linked DWP benefits, Tax Credit elements and benefits administered by HMRC will rise by 10.1 per cent from April 2023.
The Basic and New State Pensions will also be uprated by 10.1 per cent, in line with the Triple Lock.
While no official list of new payment rates has not been released yet, below are examples of how the updating will impact benefit amounts.
We will update this article with the confirmed amounts as soon as they are announced.
Weekly rates are shown, unless otherwise stated and have been rounded as per the UK Government policy.
Attendance Allowance
- Higher rate: £101.75 (from £92.40)
- Lower rate: £68.10 (from £61.85)
Carer’s Allowance
- April 2023 rate: £76.75 (from £69.70)
Disability Living Allowance / Child Disability Payment
Care Component
- Highest: £101.75 (from £92.40)
- Middle: £68.10 (from £61.85)
- Lowest: £26.95 (from £24.45)
Mobility component
- Higher: £71.05 (from £64.50)
- Lower: £26.95 (from £24.45)
Employment and Support Allowance (ESA)
- Under 25: £67.25 (from £61.05)
- 25 or over: £84.80 (from £77.00)
Housing Benefit
- Under 25: £67.25 (from £61.05)
- 25 or over: £84.80 (from £77.00)
- Entitled to main phase ESA: £84.80 (from £77.00)
Incapacity Benefit (long-term)
- April 2023 rate: £130.20 (from £118.25)
Income Support
- Under 25: £67.25 (from £61.05)
- 25 or over: £84.80 from (£77.00)
Jobseeker’s Allowance (contributions based)
- Under 25: £67.25 (from £61.05)
- 25 or over: £84.80 (from £77.00)
Jobseeker’s Allowance (income-based)
- Under 25: £67.25 (from £61.05)
- 25 or over: £84.80 (from £77.00)
Maternity/Paternity/Shared Parental Allowance
- Standard rate: £172.50 (from £156.66)
Pension Credit
- Single: £201.05 (from £182.60)
- Couple: £306.85 (from £278.70)
Personal Independence Payment (PIP) / Adult Disability payment
Daily Living Component
- Enhanced: £101.75 (from £92.40)
- Standard: £68.10 (from £61.85)
Mobility Component
- Enhanced: £71.05 (from £64.50)
- Standard: £26.95 (from £24.45)
State Pension
- Full New State Pension: £203.85 (from £185.15)
- Basic Old State Pension (Category A or B): £156.20 (from £141.85)
Widow’s Pension
- Standard rate: £139.15 (from £126.35)
Universal Credit (Monthly rates shown)
Standard allowance
- Single under 25: £292.11 (from £265.31)
- Single 25 or over: £368.74 (from £334.91)
Couple
- Joint claimants both under 25: £458.51 (from £416.45)
- Joint claimants, one or both 25 or over: £578.82 (from £525.72)
Sign up to Edinburgh Live newsletters for more headlines straight to your inbox
READ MORE:
I'm A Celebrity's first elimination 'sealed' - and it's 'not Matt Hancock'
Tesco, Morrisons and Sainsbury's warning over supermarket voucher scam
All you need to know about Children in Need 2022 including celebrity guests
Driving expert warns of 8 dangerous mistake motorists make while in heavy rain
Drivers warned they could be fined up to £2,500 for winter driving mistake
