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Claritax News

Social security – benefits up-rated – The Social Security Benefits Up-rating Order and Regulations 2023

20 Mar 2023

The Secretary of State for Work and Pensions has made SI 2023/316, The Social Security Benefits Up-rating Order 2023. The order up-rates the value of various benefits.

https://www.legislation.gov.uk/uksi/2023/316/introduction/made

Linked to the above, the Secretary of State for Work and Pensions has also made SI 2023/316, The Social Security Benefits Up-rating Regulations 2023.

https://www.legislation.gov.uk/uksi/2023/340/introduction/made

Between them, the SIs update the basic state pension, the new state pension and all of the following benefits:

  • Attendance Allowance
  • Carer’ s Allowance
  • Disability Living Allowance
  • Graduated Retirement Benefit
  • Incapacity Benefit
  • increments to State Pension
  • Industrial Injuries Disablement Benefit
  • Pension Credit Standard Minimum Guarantee
  • Personal Independence Payment
  • Severe Disablement Allowance
  • Widowed Mother’s Allowance
  • Widowed Parent’s Allowance
  • The higher rate of widow’s pension and the widower’s pension in Industrial Death Benefit
  • Employment and Support Allowance, Housing Benefit, Income Support, Jobseeker’s Allowance and Universal Credit personal or standard allowances
  • Additional amounts in Pension Credit payable on grounds of disability and caring responsibilities
  • Carer and disability premiums in Income support, Jobseekers allowance and Employment and support allowance and Housing Benefit.
  • Statutory Adoption Pay, Statutory Maternity Pay, Statutory Parental Bereavement Pay, Statutory Paternity Pay, Statutory Shared Parental Pay and Statutory Sick Pay.

Related content from Claritax Books

The complex rules for National Insurance contributions are covered in depth in National Insurance Contributions.

National Insurance Contributions

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