Benefit and pension rates 2023 to 2024

Robbie64

The Government has published the benefit and pension rates for 2023 to 2024.

Benefits and pension rates: https://www.gov.uk/government/publications/benefit-and-pension-rates-2023-to-2024

Written Ministerial statement: https://questions-statements.parliament.uk/written-statements/detail/2022-11-17/hcws374

Robbie64

The benefit cap amounts have also been raised by 10.1%.

LHA rates are maintained at their "elevated rate" which was set for 2020/21.

Spoonie_Turtle

Robbie64 said:

LHA rates are maintained at their "elevated rate" which was set for 2020/21.

Enjoying the sarcasm.  Am I right in thinking they were initially set to 50% of market rate?  Last year's 30% is an interesting definition of 'elevated'.

Edit: never mind, found what's essentially an official history of LHA rates https://www.gov.uk/government/publications/local-housing-allowance-uprating-equality-analysis-april-2020/equality-analysis-for-uprating-local-housing-allowance-rates-to-the-30th-percentile-of-local-rents#local-housing-allowance

Robbie64

Yes, they used to be 50% of market rate then reduced to 30% before being frozen for a number of years. They were then restored back to 30% of market rate in 2020 in response to Covid restrictions.

JonVarnas

Extra £34 a month for UC. I'll try not to spend it all at once.

poppy12345

JonVarnas said:

Extra £34 a month for UC. I'll try not to spend it all at once.

That's a lot more than any previous years.

JonVarnas

poppy12345 said:

JonVarnas said:

Extra £34 a month for UC. I'll try not to spend it all at once.

That's a lot more than any previous years.

Lucky me

calcotti

I note that maximum childcare costs allowable for UC have not been raised.