Universal Credit Rates 2024 to 2025: A Comprehensive Overview
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Universal Credit Rates 2024 to 2025: A Comprehensive Overview
Universal Credit (UC) is a monthly payment that helps low-income households with living costs. It is a single payment that replaces six other benefits:
- Child Tax Credit
- Housing Benefit
- Income Support
- Income-based Jobseeker’s Allowance
- Income-related Employment and Support Allowance
- Working Tax Credit
The amount of UC you receive depends on your circumstances, such as your age, income, and household size.
Standard Allowance
The standard allowance is the basic amount of UC that you can receive. The standard allowance rates for 2024 to 2025 are:
- Single claimant aged under 25: £277.00 per month
- Single claimant aged 25 or over: £335.91 per month
- Couple (both aged under 25): £498.89 per month
- Couple (one or both aged 25 or over): £525.72 per month
Additional Amounts
In addition to the standard allowance, you may be entitled to additional amounts if you have:
- Children
- A disability
- Housing costs
Children
You can receive the following additional amounts for children:
- First child: £282.00 per month
- Second child: £244.58 per month
- Third and subsequent children: £244.58 per month
Disability
You can receive the following additional amounts if you have a disability:
- Limited capability for work: £168.81 per month
- Limited capability for work and work-related activity: £354.28 per month
- Severe disability premium: £69.40 per month
Housing Costs
You can receive the following additional amounts to help with your housing costs:
- Rent: The amount you can receive depends on your circumstances and where you live.
- Mortgage interest: The amount you can receive depends on your circumstances and the amount of interest you pay on your mortgage.
How to Claim Universal Credit
You can claim Universal Credit online or by phone. You will need to provide information about your income, savings, and household.
Changes to Universal Credit in 2024 to 2025
The government has announced a number of changes to Universal Credit in 2024 to 2025. These changes include:
- An increase in the standard allowance
- An increase in the additional amounts for children
- A new disability premium
- Changes to the way housing costs are calculated
Impact of the Changes
The changes to Universal Credit in 2024 to 2025 are expected to have a positive impact on low-income households. The increase in the standard allowance and the additional amounts for children will mean that many families will receive more money each month. The new disability premium will also provide additional support for disabled people.
Conclusion
Universal Credit is a vital safety net for low-income households. The changes to Universal Credit in 2024 to 2025 will make the system more generous and will provide additional support for families, disabled people, and those with housing costs.
Closure
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