The four payments and DWP benefits that will go up…

The four payments and DWP benefits that will go up next week

A series of payments and DWP benefits will be uprated from next week as we enter a new tax year.

The government previously announced its plans to raise the National Living Wage and national Minimum Wage, which will see workers across the board get a pay rise. It means many people will receive more financial uprates in the midst of a worsening cost of living crisis that will be compounded by rising utility bills and everyday goods.

Here are all the payment and DWP benefits which will go up from next week...

Minimum/Living wage

The baseline minimum wage will increase for all age groups in the UK. Depending on your age and work status, you will receive one of the following increases:

National Living Wage - Increased to £10.42 (annual increase of 9.7 per cent)
21-22-year-old rate - Increased to £10.18 (annual increase of 10.9 per cent)
18-20-year-old rate - Increased to £7.49 (annual increase of 9.7 per cent)
16-17 year-old rate - Increased to £5.28 (annual increase of 9.7 per cent)
Apprentice Rate - Increased to £5.28 (annual increase of 9.7 per cent)
Accomodation Offset - Increased to £9.10 (annual increase of 4.6 per cent)

Bryan Sanderson, Low Pay Commission Chair, previously said: "The rates announced today include the largest increase to the NLW since its introduction in 2016 and will provide a much-needed pay increase to millions of low-paid workers across the UK, all of whom will be feeling the effects of a sharply rising cost of living.

"For a full-time worker, today’s increase means nearly £150 more per month. The tightness of the labour market and historically high vacancy rates give us confidence that the economy will be able to absorb these increases."

Maternity, paternity, and statutory sick pay

Maternity, paternity, and statutory sick pay will receive an increase of 10 per cent from April 2. This will result in a rise from £99.35 per week to £109.40 per week.

Statutory maternity, paternity, adoption, and shared parental bereavement

An increase from £156.66 to £172.48 will be provided for the statutory rates for maternity, adoption, paternity, and shared parental pay. Meanwhile, payments for parental bereavment will also increase by the same amount.

Housing Benefit Support

Housing benefits are set to increase depending on your circumstances.

If you’re single, housing benefits will increase as follows:

For under 25s, it’ll rise from £61.05 to £67.22
If you’re on main phase ESA, from £77 to £84.78
For those aged between 25 and state pension credit age, from £77 to £84.78
For anyone who has reached pension age, £197.10 to £217

For lone parents:

If you’re under 18, payments will increase from £61.05 to £67.22
If you’re on main phase ESA, from £77 to £84.78
If you’re aged between 18 and state pension credit age, from £77 to £84.78
If you’ve reached state pension age, from £197.10 to £217

For couples:

If both are aged under 18, payments will go up from £92.20 to £101.51
If one or both are aged between 18 and state pension credit age, from £121.05 to £133.27
If you’re on main phase ESA, from £121.05 to £133.27
If one or both have reached pension age, from £294.90 to £324.68

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