New Universal Credit payment rates start for people due money this week
13.05.2024 - 08:35
/ dailyrecord.co.uk
The Department for Work and Pensions (DWP) recently confirmed that millions of people claiming Universal Credit will see the annual uprating reflected in their monthly payments from Tuesday, May 14, however, some will have to wait until June 13 to receive the higher amount in their bank account.
The update was shared in a recent edition of Money Box on BBC Radio 4 by programme researcher Sandra Hardial during a segment discussing delays to increased State Pension and benefit payments, despite the DWP applying the uplift on April 8.
Sandra explained how Universal Credit payments increased by 6.7 per cent on that date, but people won’t actually get the money straight away because they are paid in arrears. She said: “The six million people on Universal Credit face the longest wait. The DWP has told Money Box that none of them will get the higher rate before the 14th of May and some will have to wait until the 13th of June.”
Monthly rates are shown unless otherwise stated. A full list of all the new DWP benefit payment rates, including Housing Benefit and deductions can be found on GOV.UK here.
Full details on Universal Credit deduction amounts based on household circumstances can be found on GOV.UK here.
Join the conversation on our Money Saving Scotland Facebook group for energy and money-saving tips, the latest benefits news, consumer help and advice on coping with the cost of living crisis.
Sign up to our Record Money newsletter and get the top stories sent to your inbox daily from Monday to Friday, including a special cost of living edition on a Thursday - sign up here.
You can also follow us on X (formerly Twitter) @Recordmoney_ for regular updates throughout the day.
NEW - Get our money news alerts on your phone by