Universal Credit Payments have increased again, offering welcome relief to struggling individuals in Britain.
It comes again after five-year benefits freeze, which ended on Wednesday.
This means, that around 2.5 million households associated with Universal Credit and legacy benefits will experience a huge relief.
Legacy benefits are basically the welfare payments struggling households that they received prior to Universal Credit was launched.
Its rise was announced last year in October, following the release of inflation figures in September. The figures were used to calculate the benefits increases that will come to effect from April 1st, 2020.
However, additionally, measures are taken amidst the coronavirus that is aimed at providing assistance to struggling families. It is to ensure that these households stay afloat amidst the lockdown and is has already been in effect from April 6th, 2020.
Rishi Sunak, the Chancellor, laid out a series of temporary measures that will be a part of his budget. There will be a Euro 20 increase to the payments to the previously announced rise.
The changes also encompass a rise in the Universal Credit standard allowance and Working Tax Credits along with the suspension of the minimum income floor of the Universal Credit.
The Chancellor said that from the changes, around four million struggling households would get the benefits.
Considering that JobCentre phone lines are overwhelmed right now, you can apply from Universal Credit online. You can head to the government site and make sure you have information about your housing situation, income, and identity proof.
Since the Working Tax Credit has been replaced by the Universal Credit, you can only make a claim, in case you acquire a severe disability premium. You can use a free online calculator to determine how much you will be receiving on Universal Credit post the shake-up or coronavirus.
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