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% later this 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 this 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.
New 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% 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.
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: £26.90 (from £24.45)
Mobility component
- Higher: £71.00 (from £64.50)
- Lower: £26.90 (from £24.45)
Employment and Support Allowance (ESA)
- Under 25: £67.20 (from £61.05)
- 25 or over: £84.80 (from £77.00)
Incapacity Benefit (long-term)
- April 2023 rate: £130.20 (from £118.25)
Income Support
- Under 25: £67.20 (from £61.05)
- 25 or over: £84.80 from (£77.00)
Jobseeker’s Allowance (contributions based)
- Under 25: £67.20 (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: £172.48 (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: £71.00 (from £64.50)
- Standard: £26.90 (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: £139.10 (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)
You can read the full guide to changes in payments from April 2023 on GOV.UK here.
To keep up to date with the latest benefits news, join our Money Saving Scotland Facebook page here, or subscribe to our newsletter which goes out four times each week - sign up here.
READ NEXT
-
Successful claim for new £25 weekly child payment could automatically award two more benefits
-
New cost of living payments worth up to £1,350 announced for millions of people next year
-
New website helps Scottish households check for extra financial support
-
People on PIP moving to new disability payment next year may see other benefits stop