Benefits set to increase from April 2023

If you receive welfare benefits such as Universal Credit, Personal Independence Payment, Carer’s Allowance, Income Support, Housing Benefit or Jobseeker’s Allowance, your payments will rise in line with the 10.1% inflation rate.

You don’t need to do anything as your payments will automatically increase.

Read our guide below to find out more about some of the benefits that are set to increase and remember, if you live in a low-income household, it’s worth checking your benefit entitlement. Millions of pounds of benefits go unclaimed every year so check today to see if you could be in line to claim extra money.

The new State Pension will rise from £185.15 a week to £203.85.

The benefit cap (which is a limit on the total amount of benefits you can get if you are working age) will increase in April 2023. Check if you are exempt from the benefit cap.

Currently the cap is set at:

• £20,000 a year (£1,667.67 a month) for couples (with or without children) and single parents with dependent children.
• £13,400 a year (£1,116.67 a month) for a single adult who doesn’t have children or whose child/children do not live with them.

From April 2023 the limit on benefit payments will increase to:

• £22,020 a year (£1835 a month) for couples (with or without children) and single parents with dependent children.
• £14,753 a year (£1,229.42 a month) for a single adult who doesn’t have children or whose child/children do not live with them.

Examples of other benefits that will increase from April 2023 are:

Universal Credit - The standard rates will be increasing as follows:

• Single person, under 25 – rising from £262.31 to £292.11
• Single person, 25 or over – rising from £334.91 to £368.74
• Couple, joint claimants under 25 – rising from £416.45 to £458.51
• Couple, joint claimants where one or both is 25 or over – rising from £525.72 to £578.82

Attendance Allowance – This helps with extra costs if you have a physical or mental disability severe enough that you need someone to help look after you. The lowest rate is due to rise from £61.85 to £68.10, with the higher rate to climb from £92.40 to £101.75 a week.

Carer’s Allowance – This is available if you care for another person for at least 35 hours a week. Rising from £69.70 a week to £76.75.

Personal Independence Payment (PIP) – This benefit is replacing Disability Living Allowance and is available if you have a long-term physical or mental health condition.

• Daily living component, enhanced rate – rising from £92.40 to £101.75
• Daily living component, standard rate – rising from £61.85 to £68.10
• Mobility component, enhanced rate – rising from £64.50 to £71
• Mobility component, standard rate – rising from £24.45 to £26.90

For a full list of benefit payments that will increase on 1 April for the new financial year visit the Government website on benefit and pension rates 2023 to 2024. If you have any queries about benefit payments or making a claim just get in touch with our friendly Welfare Rights & Money Advice Team or call 023 8083 2339.