Universal Credit rates 2020: Is Universal Credit going up?

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Universal Credit is a state benefit given to those out of work or on a low income. Since the start of lockdown in March, 3.2 million people have claimed the benefit.

Is Universal Credit going up?

Universal Credit claimants got a boost earlier this month.

Certain people have received an increased amount of Universal Credit from October 8.

The increase in payments is to help bridge the gap between the old benefits and Universal Credit.

An SDP (Severe Disability Premium) can be claimed if you are also getting an income-related benefit.

Single claimants of SDP get £66.95 per week, while a couple gets £133.90 per week.

Minister of state at the Department of Work and Pensions (DWP), Justin Tomlinson, said: “On July 22, 2019, we laid legislation to provide additional financial support for former SDP recipients who had moved to Universal Credit on account of a change of circumstances…

“This means that payments will be made through the UC system rather than manually, and all transitional protection will be subject to the same rules.

“I will be signing a determination setting the conversion day to October 8, 2020.”

How much Universal Credit you get in total depends on your circumstances.

For example, if you’re single and under the age of 25, you’ll get £342.72 per month.

If you’re age above 25 and not in a couple, the monthly payment is £409,89.

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If you’re in a couple where both are under the age of 25, the total amount you both will receive is £488.59.

For couples aged 25 or over, you will both receive £594.04 in total per month.

You may get more money on top of your standard allowance if you’re eligible.

Circumstances making you eligible for higher amounts from Universal Credit can be if you have children, have a disability or health condition preventing you from working, or need help paying rent.

Who is eligible for Universal Credit?

To qualify for Universal Credit:

  • you’re on a low income or out of work
  • you’re 18 or over (there are some exceptions if you’re 16 to 17)
  • you’re under State Pension age (or your partner is)
  • you and your partner have £16,000 or less in savings between you
  • you live in the UK

How to claim Universal Credit

You can apply for Universal Credit online. To apply you need:

  • your bank, building society or credit union account details (call the Universal Credit helpline if you do not have one)
  • an email address
  • information about your housing, for example how much rent you pay
  • details of your income, for example payslips
  • details of savings and any investments, like shares or a property that you rent out
  • details of how much you pay for childcare if you’re applying for help with childcare costs

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