The £1739 extra Universal Credit payment is a temporary financial boost designed to help low-income families and individuals cope with the increasing cost of living.
It is a one-off payment added to your regular Universal Credit amount.
This additional support is intended to alleviate financial pressures and help you manage your household budget more effectively.
Who is Eligible for the £1739 Extra Payment?
To be eligible for the £1,739 extra Universal Credit payment, you must:
- Be claiming Universal Credit.
- Meet the standard eligibility criteria for Universal Credit.
- Have a successful Universal Credit claim on the specified date determined by the government.
This payment is automatic, meaning you don’t need to apply separately.
If you are eligible, the extra amount will be added directly to your Universal Credit payment.
When Will I Receive the £1739 Extra Payment?
The government will announce the exact payment dates for the £1739 extra Universal Credit payment.
Typically, Universal Credit payments are made monthly, so you can expect the extra amount to be included in your regular payment.
How Will the £1739 Extra Payment Be Paid?
The £1739 extra payment will be added to your existing Universal Credit payment.
You will receive the total amount in a single payment.
The payment method remains the same as your usual Universal Credit payment, whether it’s paid into your bank account or through a Universal Credit payment card.
How Much Universal Credit Am I Entitled To?
The amount of Universal Credit you are entitled to depends on several factors, including your income, household circumstances, and number of children.
The standard allowance is the base amount you receive, and additional elements are added based on your specific situation.
To calculate your potential Universal Credit entitlement, you can use the government’s online benefits calculator.
Will the £1739 Extra Payment Affect My Other Benefits?
The £1739 extra payment is specifically designed to help with the cost of living and should not affect other benefits you may be receiving.
However, I always advise that you check the government’s official guidance for the most accurate information.
Do I Need to Pay Back the £1739 Extra Payment?
No, you do not need to pay back the £1739 extra payment. It is a one-off financial support measure designed to help you with immediate costs.
You can use the £1,739 extra payment as you see fit.
However, it is designed to help with the rising cost of living, so it might be beneficial to prioritize essential expenses such as food, energy, and housing.
Can I Claim Universal Credit if I Work?
Yes, you can claim Universal Credit even if you are working. Universal Credit is designed to support people in work as well as those who are unemployed.
The amount of Universal Credit you receive will be reduced as your earnings increase, but it can still provide valuable financial support.
What Happens if My Circumstances Change?
You have to report any changes in your circumstances to the Department for Work and Pensions (DWP) promptly.
This includes changes to your income, household composition, or living situation. Failure to report changes may result in overpayment of benefits, which you may have to repay.
How Can I Increase the Benefits of the £1,739 Extra Payment?
To make the most of the £1,739 extra payment, consider the following:
- Develop a detailed budget to track your income and expenses. This will help you prioritize essential spending and identify areas where you can save.
- Set aside a portion of the extra payment to create an emergency fund. This will help you cover unexpected costs without resorting to debt.
- Use the extra money to pay off high-interest debts, such as credit card balances or loans.
- Consider saving a portion of the payment for future goals, such as a deposit for a home or a child’s education.