Overview
- The Department for Work and Pensions (DWP) has implemented a 1.7% increase to Universal Credit standard rates, with certain support elements rising by up to 4.1%.
- Claimants with assessment periods starting before April 7 are now receiving the updated rates in their May payments; others will see the increase in June.
- Revised monthly rates include £316.98 for single claimants under 25 (up £5.30) and £400.14 for those 25 or older (up £6.69).
- Additional increases include £339.00 for the first child rate (up £5.67) and £201.68 for the carer's element (up £3.37).
- Payments due on the May 26 bank holiday will be advanced to May 23, requiring claimants to adjust their budgeting accordingly.