How much the benefit and Universal Credit payments will increase by next year
Under the system, you receive different amounts depending on your circumstances. They are:If you live with your partner and you're both under 25 - £416.45 If you are looking at how much your Universal Credit will rise to from April next year based on inflation at 10%, you just have to divide your current payment by 100 and multiply by 10.So, if you live with your partner and you're both under 25 you'll currently be getting £416.45 between you a month.
It is being replaced by Universal Credit through what's called "Managed Migration", however not everyoneWhat you get through Housing Benefit depends on your circumstances - including how much you pay in rent, where you live and your personal circumstances. It's a means-tested benefit which means your income, savings and any sources of cash are taken into consideration when deciding how much you'll receive.
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