Important:

This article is for information purposes only.

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

DWP issues update for those claiming benefits

DWP

The Department for Work and Pensions has confirmed that claimants will continue to get paid Universal Credit during the pandemic

Lockdown in Scotland has been extended until at least the middle of February in an effort to halt the spread of the new virulent strain of coronavirus.

First Minister Nicola Sturgeon told MSPs on Tuesday that transmission of the virus appeared to be slowing down but was still too high to ease current restrictions.

The economic impact of Covid-19 has reached almost every household across the UK with millions of furloughed workers having 80 per cent of their wages paid by the UK Government’s Job Retention Scheme.

The furlough scheme has been extended until the end of April in an effort to support businesses and prevent further job losses, and now the Department for Work and Pensions (DWP), has updated its guidance for people who were receiving benefits before the Covid-19 outbreak.

The DWP has confirmed that claimants will continue to get paid Universal Credit as normal during the coronavirus outbreak.

If you are working while claiming Universal Credit, your payment will be adjusted if you can no longer work due to coronavirus. The DWP advises people to tell them about the hours you are working in the usual way through your online account.

The standard allowance increased by £20 per week on April 6, 2020 to provide extra support during the pandemic, this will be in place until the end of March. Despite calls for this to be extended, a decision on this is not expected until the UK Government Budget on March 3.

This enhanced payment means a single Universal Credit claimant, aged 25 and over, currently receives £409.89 a month, instead of 317.82.

The DWP states that you must still tell them about changes to your circumstances.

Interviews and assessments will be conducted by telephone. You should not go to a Jobcentre office unless asked to do so for an exceptional purpose, for example to collect your Payment Exception Service vouchers.

Since March 30, 2020, the way Universal Credit payment is worked out has changed because of Covid-19.

Payments are no longer calculated using an assumed level of earnings, called a Minimum Income Floor. They are now based on your actual earnings.

Important:

This article is for information purposes only.

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.