As the financial year comes to an end, the proposed updated rates for benefit payments for 2020/2021 have been released.
The following benefit rates may not contain all extra elements, premiums and components. Additionally, some means-tested benefits are subject to other variables such as income and capital.
Rates are on a weekly bass unless otherwise shown.
Attendance Allowance
Higher rate - £89.15
Lower rate - £59.70
Bereavement Support Payment
Standard lump sum - £2,500
Standard rate monthly - £100
Higher lump sum - £3,500
Higher rate monthly - £350
Carer’s Allowance
Standard - £67.25
*Extra additions are available for some existing claimants
Disability Living Allowance
Care component highest - £89.15
Mobility component highest - £62.25
Employment and Support Allowance (ESA) (contributory)
Personal allowance over 25 - £74.35
*Extra premiums are available for Income-related ESA
Incapacity Benefit
Long term - £114.15
*Extra increases are available
Income Support
Single over 25 - £74.35
*Extra premiums are available
Jobseeker’s Allowance
Over 25 - £74.35
*Extra premiums are available
Pension Credit
Standard single - £173.75
Standard couple - £265.20
*Additional amounts are available
Personal Independence Payment
Max enhanced (living and mobility components) - £151.40
State Pension
New state pension - £175.20
Old state pension Category A or B - £134.25
*Additional amounts are available
Statutory Maternity/Paternity Pay
Standard rate - £151.20
Statutory Sick Pay
Standard rate - £95.85
Universal Credit
(rates are monthly)
Single over 25 - £323.22
Couple over 25 - £507.37
Child element - £235.83
Work allowance (higher) - £512
Work allowance (lower) - £292
*Additional amounts are available
Widowed Parent’s Allowance
Widowed Parent's Allowance - £121.95
For any information on any of these changes, please let us know.
Here at Manley Financial you are only a few clicks away from speaking to an expert, click here to contact us.
Commentaires