DWP Announced 6.7% Rise in Benefits: List of Benefits That Will Rise By 6.7% Next Year in UK

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Check out this article’s article on the DWP Announced 6.7% Rise in Benefits: List of Benefits That Will Rise By 6.7% Next Year in the UK. Various details on the DWP’s announced 6.7% rise in benefits, including a list of benefits that will rise by 6.7% next year in the UK and other relevant things, are mentioned in this article.

DWP Announced 6.7% Rise in Benefits

The Department of Work and Pensions (DWP) has recently announced a 6.7% rise in benefits for the upcoming year. This significant announcement was made on November 22, 2024. Based on the consumer price index of September 2024, the state pension and benefits will be adjusted in 2024.

The 6.7% rise in benefits that the DWP recently announced will come into effect on April 8, 2024. In addition, the basic and new pensions will also see a rise of 8.5%. This notable announcement can be obtained by visiting the UK Government’s website.

List of Benefits That Will Rise By 6.7% Next Year in the UK

Various state pensions and benefits will rise by 6.7% next year. These benefits include Universal Credit, Attendance Allowance, Disability Living Allowance, Statutory Sick Pay, Additional State Pension, and various other benefits and pensions administered by the UK Government.

The proposed benefit and pension rates for 2024 to 2025 are available on the UK Government’s website. The benefits that will rise by 6.7% in 2024 are those benefits linked to inflation.

Since 2011, the inflation in the UK is generally assessed in September before the new financial year begins. The default measure to calculate inflation is the CPI. For the upcoming financial year, the benefit and pension rates are affected by the following factors:

  • CPI September 2024 – 6.7%
  • The growth of the average weekly earnings from May – July 2024 was 8.5%.
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Some of the benefits that will rise in 2024 include:

Universal Credit:

  • The standard allowance for single individuals under 25 will increase from £292.11 to £311.68. For single individuals 25 or older, it will increase from £368.74 to £393.45.
  • The standard allowance for couples where both are under 25 will increase from £458.51 to £489.23. For couples where one or both are 25 or older, it will increase from £578.82 to £617.60.
  • Other allowance rates associated with Universal Credit, such as Child amounts, Carers amounts, and Work allowances, will also increase in 2024.

Attendance Allowance:

  • The higher rate of the attendance allowance will increase from £101.75 to £108.55, while the lower rate will increase from £68.10 to £72.65.

Disability Living Allowance:

  • The Care Component’s higher rate will increase from £101.75 to £108.55, the middle rate will increase from £68.10 to £72.65, and the lower rate from £26.90 to £28.70.
  • The Mobility Component’s higher rate will increase from £71 to £75.75, and the lower rate will increase from £26.90 to £28.70.

Personal Independence Payment:

  • The daily living component’s enhanced part will increase from £101.75 to £108.55, and the standard part will increase from £68.10 to £72.65.
  • The mobility component’s enhanced part will increase from £71 to £75.75, and the standard part will increase from £26.90 to £28.70.

Industrial Injuries Disablement Benefit:

  • The maximum life gratuity will increase from £13,780 to £14,700.
  • The weekly amount, depending on the level of disablement, will also increase. For example, for 100% disablement, it will increase from £207.60 to £221.50, and for 20% disablement, it will increase from £41.52 to £44.30.
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Statutory Paternity Pay:

  • The standard rate of statutory paternity pay will increase from £172.48 to £184.03.

Statutory Sick Pay:

  • The standard rate of statutory sick pay will increase from £109.40 to £116.75.

Additional State Pension:

  • The maximum additional state pension (own plus inherited) will increase from £204.68 to £218.39.

Statutory Maternity Pay:

  • The standard rate of statutory maternity pay will increase from £172.48 to £184.03.

Incapacity Benefit:

  • The long-term incapacity benefit will rise from £130.20 to £138.90. The short-term incapacity benefit (under state pension age) will increase from £116.20 to £124 (higher rate). The short-term incapacity benefit (above state pension age) will increase from £130.20 to £138.90 (higher rate).

Severe Disablement Allowance:

  • The basic rate of the severe disablement allowance will go up from £92.20 to £98.40.
  • Age-related additions will also increase, with the lower rate going from £7.65 to £8.15, the middle rate from £7.65 to £8.15, and the higher rate from £13.80 to £14.70.

Statutory Adoption Pay:

  • A 6.7% increase in statutory adoption pay will be implemented on April 8, 2024. This means that statutory adoption pay will increase from £172.48 to £184.03. However, the earnings threshold will remain the same at £123.

In addition to these benefits and state pensions, many others will rise by 6.7% in 2024. The complete list of the pensions and benefits that will rise in 2024 can be found on the authorized web portal of the UK Government.

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