Universal Credit helps out many people in the UK by providing them with financial support during challenging times.
With the cost of living on the rise, understanding when your Universal Credit payment might increase is important.
In this guide, we’ll break down the details surrounding Universal Credit increases, including when you can expect to see more money in your account.
When Did Universal Credit Increase in 2024?
The Universal Credit increase for 2024 was announced in the Autumn Statement.
This increase, in line with inflation, came into effect on 8th April 2024.
However, it’s important to note that while the rate increased from this date, not everyone saw the extra money immediately.
Why Didn’t My Universal Credit Increase in April?
The timing of your Universal Credit increase depends on your assessment period.
This is the period used to calculate your claim.
If your assessment period started on or after 8th April 2024, you should have seen the increased amount in your payment from the following month.
For example, if your assessment period begins on 12th April, your increased payment would likely be paid on the 18th May.
How Much Did Universal Credit Increase By?
The Universal Credit increase for 2023/2024 was 6.7%, in line with September’s inflation rate.
This means that the standard allowance for Universal Credit increased by:
- £19.57 per month for single claimants under 25
- £24.71 per month for single claimants aged 25 or over
- £30.72 per month for couples where both partners are under 25
- £38.78 per month for couples where one or both partners are 25 or over
These increases apply to the standard allowance, and additional amounts may be included for children, childcare costs, and other qualifying expenses.
When is the Next Universal Credit Increase?
Universal Credit rates usually increase in April each year.
Therefore, the next expected increase would be in April 2025.
However, the exact amount of the increase will depend on the inflation rate closer to that time.
How is the Universal Credit Increase Calculated?
The government uses the Consumer Price Index (CPI) to calculate the annual increase in benefits.
This index measures the average change in prices of a basket of goods and services.
The increase in Universal Credit is then linked to this figure.
Will Universal Credit Increase Again This Year?
There are no plans for a further increase in Universal Credit beyond the 6.7% rise that took effect in April 2024.
Any potential changes would need to be announced by the government.
How Does Universal Credit Increase Affect My Other Benefits?
The increase in April 2024 affected all means-tested benefits, not just Universal Credit.
This includes benefits like Housing Benefit, Child Tax Credit, and Working Tax Credit.
What if I Disagree with My Universal Credit Increase?
If you believe your Universal Credit payment is incorrect, you can appeal the decision.
You typically have one month to appeal from the date of the decision. You can appeal online or by phone.
How Can I Check My Universal Credit Payment?
You can check your Universal Credit payment online through your account or by contacting the Department for Work and Pensions (DWP).
You must regularly review your account to ensure accuracy.