Universal Credit standard allowance increased to ease coronavirus cash crisis

UNIVERSAL CREDIT cash is to be boosted as the standard allowance is to be raised by £1,000 a year, the chancellor has announced this evening.The measures are part of a plan to help workers and the unemployed during the coronavirus outbreak.In addition, he has suspended the Universal Credit minimum income floor for everyone affected by coronavirus.

He says this will enable more self-employed people to access the benefit at a rate equivalent to statutory sick pay for workers. The Universal Credit standard allowance currently ranges between £251.77 a month and £498.89 a month depending on your age and whether or not you're part of a couple.You can get extra on top if you have children, a disability or health condition, you care for someone with a disability.Again, your then get extra - known as "elements" - on top depending on whether you're in a couple, have children, a disability, and how many hours you work.

Ahead of the welfare announcements, Mr Sunak said: "We're starting a great national effort to protect jobs but the truth is we are already seeing job losses and there may be more to come.CORONAVIRUS CRISIS - BE IN THE KNOW Get the latest coronavirus news, facts and figures from around the world - plus essential advice for you and your family.

Source: Loan Digest (loandigest.net)

What about people on Job Seekers allowance do they not get a increase?

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