Chancellor Jeremy Hunt announced in the Autumn Statement that a number of benefits will increase from April 2024.

Government benefit rates change every year and 2024 will see the majority of benefits increase by 6.7%, although a few will rise by 8.5%.

Here’s a rundown of some of the new benefit rates from April 2024.

State Pension

The government is upholding its ‘triple lock’ guarantee in 2024, which will see the State Pension increase by 8.5% in April in line with earnings. This guarantees that the State pension will rise by the highest of September’s inflation figure, earnings growth, or 2.5%. The full new State Pension rate will rise by £17.35 a week (£902.20 a year). 

 

Weekly amount 2023/24

Weekly amount 2024/25

Annual amount received

New State Pension

Full rate

£203.85

£221.20

£11,502.40

Basic State Pension

Full rate

£156.20

£169.50

£8,814.00

You can read more about the State Pension in our articles How the State Pension works and What is the pension triple lock?

Carer’s Allowance

The weekly amount you can claim for Carer’s Allowance will remain at £76.75 a week in 2024, but the earnings threshold is increasing from £139 to £151 a week. This means that you’re able to earn more each week and still receive the full Carer’s Allowance payment.

You can read more about Carer’s Allowance in our article What is Carer’s Allowance and who gets it?

Pension credit

Pension Credit is a means-tested benefit which you might be entitled to once you’ve reached State Pension age if your weekly income is below a certain level. It’s made up of two parts, Guaranteed Credit and Savings Credit, both of which will increase from April 2024.

If you get the Guaranteed Credit portion of Pension Credit, you’ll receive an 8.5% uplift, while those receiving the Savings Credit portion will see a 6.7% rise.

Guaranteed Credit

 Weekly rate 2023/24Weekly rate 2024/25
Single£201.05£218.15
Couple£306.85£332.95

Savings Credit

 Weekly rate 2023/24Weekly rate 2024/25
Single£15.94£17.01
Couple£17.84£19.04

You can read more about Pension Credit and how it works in our article Pension Credit explained.

Book your free pension review

If you’re considering getting professional financial advice, Unbiased is offering Rest Less members a free pension review. It’s a chance to have a qualified local advisor give an unbiased assessment of your retirement savings.

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Universal Credit

The standard allowance element of Universal Credit will increase by 6.7% from April 2024:

 

Monthly rate 2023/24

Monthly rate 2024/25

Single under 25

£292.11

£311.68

Single 25 or over

£368.74

£393.45

Couple – joint claimants, both under 25

£458.51

£489.23

Couple – joint claimants, one or both 25 or over

£578.82

£617.60

There are also further increases in several other additional elements of Universal Credit, including payments for children, disabled children and work allowances. You can find out more in our guide Everything you need to know about Universal Credit.

Personal Independence Payment

Personal Independence Payment (PIP) will increase by 6.7% for both the daily living part and the mobility part. The amount you receive will depend on your PIP assessment. You can read more about this in our article Personal Independence Payment explained.

Weekly rates 2023/24 Weekly rates 2024/25
Daily Living Part
Lower weekly rate £68.10 £72.65
Higher weekly rate £101.75 £108.55
Mobility Part
Lower weekly rate £26.90 £28.70
Higher weekly rate £71.00 £75.75

Disability Living Allowance

PIP has replaced the Disability Living Allowance for many people, but those still receiving DLA will receive a 6.7% increase to their payments for both the care and mobility parts:

 

Weekly rates 2023/24

Weekly rates 2024/25

Care component

Highest

£101.75

£108.55

Middle

£68.10

£72.65

Lowest

£26.90

£28.70

Mobility component

Higher

£71.00

£75.75

Lower

£26.90

£28.70

Employment and Support Allowance

People receiving Employment and Support Allowance (ESA) will receive a 6.7% uplift to their payments. Those aged 50 and over who are receiving the full allowance should receive the following increases:

 

Weekly rates 2023/24

Weekly rates 2024/25

Personal Allowances

Single 25 or over

£84.80

£90.50

Lone parent 18 or over

£84.80

£90.50

Couple

Both over 18

£133.30

£142.25

Read more about ESA in our article Benefits if you have a health issue or disability.

Housing benefit

Universal Credit has replaced Housing benefit for many people, but if you’re still receiving this benefit then the majority of payments will increase by 6.7% from April.

Jobseeker’s Allowance

For those claiming Jobseeker’s Allowance, whether it’s the new style, income-based or contribution-based, the amount you’ll receive will increase by 6.7% from April.

Age

JSA weekly amount 2023/24

JSA weekly amount 2024/25

Up to 24

up to £67.20

up to £71.70

25 or over

up to £84.80

up to £90.50

If you claim income-based Jobseeker’s Allowance as a couple and you’re both over the age of 18, rates will also increase by 6.7% from up to £133.30 a week to up to £142.25 a week.

Book your free pension review

If you’re considering getting professional financial advice, Unbiased is offering Rest Less members a free pension review. It’s a chance to have a qualified local advisor give an unbiased assessment of your retirement savings.

Book my free call

Other rate increases

The government benefits people receive are specific to their circumstances, so while we’ve outlined some of the rate rises here, there are many other benefits, rates, additional payments and so on that have also increased.

If you receive a benefit that isn’t outlined here and you want to know how much you can expect to receive in 2024, then you can see the full list of proposed rate increases on the GOV.uk website here

We also have a number of other guides and articles on benefits in our Government Benefits section.

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