Universal Credit claimants could get £65 more than others after reaching milestone

Loading...

Universal Credit payments are made up via two separate elements – standard allowances and any extra amounts to cover certain costs such as rent and childcare. While payments will vary across claimants, some will find themselves with more money when they reach certain milestones.

Currently, claimants who are single and under 25 will get a monthly standard allowance of £344.

However, claimants who are aged 25 or over will get £411.51, an increase of more than £65.

Loading...

Coupled claimants will also see a similar boost, with those under 25 getting £490.60 for both.

When one of the partners reaches the age of 25 however, this will be increased to £596.58.

READ MORE: DWP updates Jobseeker’s Allowance rules

Loading...

This comes following changes made by the Government to the National Living Wage (NLW), which was extended to younger workers in April.

The age threshold for the NLW was lowered from 25 to 23, which highlights the state recognises living costs remain an issue regardless of ones age.

The NLW changes means that thousands of young workers will be eligible for a higher wage floor, with the changes being made following recommendations made to the Government by the Low Pay Commission.

Loading...

Bryan Sanderson, Chair of the Low Pay Commission, commented: “This has been an extraordinary year for all of us, but particularly for minimum wage workers, many of whom have worked throughout the pandemic in frontline roles or have worked in the sectors that have been hardest hit by lockdown measures.

“This is an important change which is strongly endorsed by the Commission.

“Young people should be fairly rewarded for their work.

Loading...

“We will seek to understand how young people’s pay and employment are affected by this in our consideration of a further reduction in the NLW age qualification to 21.”

Universal Credit is applied for online and claimants will have to apply as a couple if they live together.

Partners will not need to be married for this and when applying, certain information will need to be provided such as bank details, information on housing costs and personal details.

Loading...

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

Loading...

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Loading...
Denial of responsibility! TechAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More