Earlier this week, Chancellor Jeremy Hunt announced a wave of increases for benefits across the country.
Mr Hunt confirmed to the House of Commons that benefits and pensions will increase in line with inflation. It means that those facing the cost of living crisis while relying on benefits will be able to receive some extra money towards their benefit payments next spring.
Hunt told the Commons: "There have also been some representations to keep the uplift to working age and disability benefits below the level of inflation given the financial constraints we face.
Read more: DWP to pay up to £1350 to people on Universal Credit, State Pension, disability benefits and more
“But that would not be consistent with our commitment to protect the most vulnerable so today I also commit to uprate such benefits by inflation with an increase of 10.1 per cent. That is an expensive commitment costing £11billion.”
Here's a breakdown of all the benefits receiving a 10.1 per cent uprate next year, according to the Treasury:
Working Tax Credit
- Basic element
- Couple and lone parent element
- 30-hour element
- Disabled worker element
- Severe disability element
Child Tax Credit
- Child element
- Disable child rate
- Severely disabled child rate
- Income threshold
- Threshold for those entitled to Child Tax Credit only
- Child benefit
- Guardian's Allowance
Universal Credit
- Standard allowance
- Limited capability for work amount
- Limited capability for work and work-related activity
- child amount
- Disabled child addition
- Carer amount
- Work allowance
Other benefits
- Work allowance
- Attendance allowance
- Personal Independence Payment and Disability Living Allowance
- Carer's Allowance
- Carer Premium (in means-tested legacy benefits)
- Severe Disablement Allowance
- Industrial Injuries Disablement Benefit
- ESA, Income Support, JSA
Read next:
- Martin Lewis warns there's a high street Christmas shopping law that could cost you £100s
- Manchester Christmas Market stallholders defend BIG price hikes for sausages and booze at 2022 return
- Woman lured pal to house before her ex-boyfriend beat and robbed him at knifepoint
- UK inflation rises to 11.1% in 40-year-high - what it means for you
- Tesco implements in-store policy for people buying reduced yellow sticker items
