Universal Credit: Millions of Britons could be missing out on up to £600 a month | Personal Finance | Finance
[ad_1]
Benefits claimants will get a boost to their usual payments from next month as rates are set to rise by 3.1 percent.
The increase comes as the new tax year, which kicks in on April 6, begins.
Benefits usually rise every year to keep pace with the growing costs of everyday goods, including food and petrol prices but with the current cost of living crisis, the upcoming increases will be a welcome relief to many families.
The new Universal Credit payments can be found below (monthly rates shown), although some may get different amounts depending on circumstances.
Standard allowance
Single under 25: £265.31 (from £257.33)
Single 25 or over: £334.91 (from £324.84)
[ad_2]
Source link