Millions of households on benefits to get payment rise from tomorrow – check how much you’ll get

MILLIONS of households on benefits will see their payments rise from tomorrow.

Millions will receive a pay boost from April as benefits go up in line with inflation for last September - 10.1%.

This includes the 2million families claiming working tax credit and child tax credit.

Working tax credit is designed to top up your earnings if you work and are on a low income.

The benefit is made up of a series of different elements and the total amount of money you get is calculated from the sum of different rates.

The following payment rates will change tomorrow (April 6) when the 2023/24 tax year officially begins:

• The basic element will rise to £2,280 a year - up from £2,070 a year
• The couple and lone parent element will rise to £2,340 a year - up from £2,125 a year
• The 30 hour element will rise to £950 a year - up from £860 a year
• The disabled worker element will rise to £3,685 a year - up from £3,345 a year
• The severe disability element will rise to £1,595 a year - up from £1,445 a year

You'll get the full payments listed above if your household income is £7,455 or below.

If your household income is greater, your tax credit award will be reduced by 41p for every £1 earnt.

The maximum weekly childcare costs you can claim if you receive working tax credit will remain at £175 a week.

Child tax credit is a benefit that helps with the costs of raising a child if you're on a low income.

Families on claiming working tax credit can get child tax credits for each child or young person they're responsible for until August 31 after they turn 16, or up to 20 if they're in full-time education.

The following payment rates will change tomorrow (April 6) when the 2023/24 tax year officially begins:

• The child tax credit family element remains unchanged at £545
• The child element will rise to £3,235 a year - up from £2,935 a year
• The disabled child rate will rise to £3,905 a year - up from £3,545 a year
• The severely disabled child rate will rise to £1,575 a year - up from £1,430

You don’t need to be working to claim child tax credits, but if you are you need to earn less than a certain amount.

The amount you can earn depends on your circumstances. HMRC looks at things like: