New financial year: The 25 changes to come this month | Personal Finance | Finance


Family leave and maternity leave

Family benefits, including shared parental pay, paternity, maternity and adoption, will increase to £151.97 from April.

Universal Credit advances

Universal Credit advance payment periods will increase from 12 to 24 months.

Universal Credit boost

Universal Credit will rise by roughly £1, on top of the £20 Covid uplift.

Pension Credit

Pension Credit, whether basic or new, will also rise, giving claimants hundreds more per year.

Personal Independence Payment (PIP)

PIP daily living and nobility payments will rise from £89.15 to £89.90 and £62.25 to £62.55, respectively, with slightly more for enhanced claimants.

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