Autumn Budget 2022 – News
Benefits
The chancellor confirmed that benefits, and the benefit cap will be increased by 10.1 per cent from April 2023.
Work and Pensions Secretary confirms that, while benefits, state pension and benefit cap will rise by 10.1 per cent from April 2023, Local Housing Authority rates will remain frozen at 2020/2021 levels.
The government is pushing back the managed migration of claimants on income-related Employment and Support Allowance (with the exception, of those receiving Child Tax Credit) to Universal Credit to 2028. ESA claimants are still able to make a claim for UC if they believe that they will be better off, and this will not affect the managed migration of other legacy benefits onto UC.
Pensions
State pension to rise by 10.1% as ‘triple lock’ guaranteed from April 2023
The government’s plan to create a new housing element of Pension Credit to replace pensioner Housing Benefit are now intended to take effect in 2028-29. Eligible pensioners will continue to receive Housing Benefit until then.
Disability Living Allowance (DLA)
Personal Independence Payment (PIP)
DWP has confirmed that they will pause on inviting adult DLA claimants to claim PIP, however, DWP also confirmed that DLA claimants will be invited to make a claim for PIP if they – reach the age of 16, are nearing the end of their DLA award; or report a change of circumstances.
National Living Wage rise
The government remains committed to ending low pay. From 1 April 2023, the National Living Wage (NLW) will increase by 9.7% to £10.42 an hour for workers aged 23 and over.
Cost of Living Support
A new payment for those on eligible means tested benefits will be given in 2023/24 totalling up to £900, These payments will be tax free and not count towards the benefit cap. Pensioners will be entitled to up to £300 in 2023-24 to help with bills and those on PIP or other disability benefits will get up to £150.
For Further Information please visit:
Cost of living support Factsheet – GOV.UK (www.gov.uk)