Universal Credit changes - are you ready?
It’s the government’s intention to end the weekly Universal Credit £20 uplift from 6th October 2021 and we want you – as a valued Raven customer - to be ready for this change. We are here for you – watch this video (coming soon) or read on to find out how we can support you through this period of adjustment…
A little background
As the country went into lockdown back in March 2020, the government announced that they would temporarily add an additional £20 each week to the standard allowance of Universal Credit, to help struggling families through the pandemic. Unfortunately, the government has announced that this period is now coming to an end and the £20 extra will be no more.
This reduction in income is unfortunately out of our control and is no way related to the rent that you pay. But, we are supporting the #KeepTheLifeline campaign to voice our concerns.
Changes coming into effect
The Department for Work and Pensions (DWP) should be informing claimants via their statement and journal messages (receiving a notification via text or email) ahead of the changes.
To help give you an idea, here's an estimate of the Universal Credit changes per calendar month, depending on your category:
- Single and aged under 25: the standard allowance with the uplift will fall from £344 to £257.33.
- Single and aged 25 or over: the standard allowance with the uplift will drop from £411.51 to £324.84.
- Joint claimants both under 25: the standard allowance with the uplift will reduce from £490.60 to £403.93.
- Joint claimants where one or both are 25 or over: the standard allowance with the uplift will fall from £596.58 to £509.91 altogether.
The full extent of how this will affect you will be added to your online statement issued by DWP.
How we can help
At Raven, we understand that stopping what’s been a lifeline for many is going to hit hard. As always, our customers are our top priority, which is why we want to offer as much support as possible during this time.
- Advice on managing your money - our dedicated Moneywise team are on standby to help. We have lots of information and advice on making your money go further, budgeting tips and checks to ensure you’re getting the benefits you’re entitled to. See Managing your Money to find out more, or contact the Moneywise team on 0300 123 3399/email email@example.com.
- Support with employment – our specialist team is here to help you on your journey back to work or into alternative employment. We run a number of successful employment schemes and can provide practical help with CV writing and interview techniques. See Employment Support to find out what kind of support is available, or contact the employment support team on 0300 123 3399/email firstname.lastname@example.org.
And remember, you’re not alone! Share any concerns you may have about paying rent with your income officer, so we know what’s going on and can provide you with any additional support you may need. It’s good to talk and it’s the first step to getting back on track.