The uprating means that on average, a family on Universal Credit will benefit by around £600 this year. Read next: Eight simple tips which could save you £100 a monthNew payment rates from April 2023Inflation-linked DWP benefits, Tax Credit elements and benefits administered by HMRC will rise by 10.1 per cent from April 2023. Below is a summary of the new weekly payment rates. Working Tax Credit rates for 2023/24 (yearly amount shown)Working Tax Credit is paid to people who are in work and on a low income – it does not matter whether you are an employee or self-employed, and you do not need to have children to get the payment. Child Tax Credit is paid to people who have children and is paid in addition to Child Benefit and the Scottish Child Payment - you do not have to be working to receive it.
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