Some people on Tax Credits will be invited to apply for Universal Credit this month.
The latest figures from the Department for Work and Pensions show that at the end of January 2023 there were 5.9 million people claiming Universal Credit. The means-tested benefit is a payment designed to help people on a low income, out of work, or if they cannot work due to ill health or caring responsibilities.
DWP also said that in most cases, individuals will be better off financially following a move from legacy benefits to Universal Credit. However, where someone’s entitlement to Universal Credit would be lower than their legacy benefits entitlement, in the vast majority of cases, they will receive a top-up payment known as Transitional Protection.
Top Money Stories Today What you will need to make a Universal Credit claim There are five things people need to make a claim for Universal Credit: Migration to Universal Credit is being expanded from April following a Discovery Phase, with more Tax Credit claimants now set to receive letters known as Migration Notices.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
People on Universal Credit could face a fine or court for not reporting changesNot reporting a change of mobile number or email address could impact your monthly payment or benefit entitlement.
Read more »
Millions better off as DWP benefits including PIP and Universal Credit riseThe government will increase a variety of DWP benefits in line with last September's inflation rate
Read more »
New rates for DWP State Pension, Universal Credit and other benefitsThe pay rates have changed from April 10 but not everyone will notice a difference right away
Read more »
A call for a universal definition of post-COVID-19 condition (PCC)A call for a universal definition of post-COVID-19 condition (PCC) JAMANetworkOpen postcovid postcvidcondition pcc longcovid definition universal
Read more »
How to get a mortgage with bad credit, according to a brokerA broker explains your options for getting a mortgage if you currently have a low credit rating
Read more »
Wealth manager Azura hires ex-Credit Suisse banker for US push\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Read more »