Universal Credit cut: Find out how much less your payment will be

When you get your update will depend on when you usually receive your payment.

Claimants will be provided with information about how much extra they've been receiving, and when their final boosted payment will be made.

You'll also be told where to look for advice on managing money and budgeting.

A Government spokesperson said: “We have always been clear the uplift was a temporary measure; we have communicated this directly to claimants through their monthly statement and will continue to do so, including via individual claimant journals.

"Claimants can discuss how to take advantage of tailored support on offer via Universal Credit with their Work Coach.

“Our focus now is on our multi-billion-pound Plan for Jobs, which will support people in the long-term by helping them learn new skills and increase their hours or find new work.”

The boost increased the standard allowance for Universal Credit - this is the amount that everyone is entitled to if their claim is approved.

Monthly Universal Credit payments jumped from £317.82 to £409.89, for a single claimant aged 25 or older.

The uplift applied to both new and existing Universal Credit claimants.

Universal Credit claims soared during the pandemic, meaning millions of Brits have only ever received payments with the boost in place.

The government has faced pressure from charities and MPs to continue to pay the £20 uplift.

It has been described as a "lifeline" for struggling families, worth an extra £1,040 a year.

Charity Turn2Us has previously warned that the removal of uplift could see 500,000 people "pulled into poverty overnight".

However, extending the uplift would cost the government around £6billion every year.

How much will I lose?

Universal Credit claimants will lose £20 a week from their benefit payments and over the year that adds up to a loss of £1,040.

The full details of how much Universal Credit you will get will be added to your online statement.

You should double check your Universal Credit account to see how the changes will apply to your finances.

Here's how much money you'll lose from your monthly payments, with rates for the 2021-22 tax year, before and after the uplift:

• For those single and aged under 25, the standard allowance with the uplift is £344 - after the uplift is cut that will fall to £257.33
• For those single and aged 25 or over, the standard allowance with the uplift is £411.51 - after the uplift is cut that will fall to £324.84
• For joint claimants both under 25, the standard allowance with the uplift is £490.60 (for both) - after the uplift is cut that will fall to £403.93
• For joint claimants where one or both are 25 or over, the standard allowance with the uplift is £596.58 (for both) - after the uplift is cut that will fall to £509.91

Millions of Brits rely on the benefits system to cover essential costs, but simple mistakes could result in their payments being stopped.

Thousands of self-employed workers on Universal Credit could see their payments cut this month as the minimum income floor is reintroduced.

Here's how to get free travel and childcare when hunting for jobs on Universal Credit.

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