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The government has published the proposed statutory rates of pay and benefits from April 2023. 

The rates normally increase each April in line with the consumer price index (CPI) and the increase normally occurs on the first Sunday in April, which in 2023 is 2 April.

The details of each of the benefits can be found on the gov.uk website. In summary, these are:

  • Attendance Allowance
  • Benefit Cap 
  • Bereavement Benefit
  • Bereavement Support Payment
  • Capital limits
  • Carer’s Allowance
  • Deductions
  • Deductions from housing benefit
  • Dependency Increases
  • Child Dependency Increases
  • Disability Living Allowance
  • Employment and Support Allowance (ESA)
  • Housing Benefit
  • Incapacity Benefit
  • Income Support
  • Industrial Death Benefit
  • Industrial Injuries Disablement Benefit
  • Constant attendance allowance
  • Jobseeker’s Allowance
  • Maternity Allowance
  • Pension Credit
  • Personal Independence Payment
  • Severe Disablement Allowance
  • State Pension
  • Statutory Adoption Pay
  • Statutory Maternity Pay
  • Statutory Paternity Pay
  • Statutory Shared Parental Pay
  • Statutory Parental Bereavement Pay
  • Statutory Sick Pay
  • Universal Credit
  • Widow’s Benefit

About the Author

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Martin Johnson

Partner
With expertise in advising family-owned companies on a range of tax, accountancy and business issues, Martin also has an in-depth knowledge of the automotive and property sectors. In addition, he provides advice on inheritance tax planning and financial management to owner-managed businesses.  Martin leads the firm in developing its expertise in the buy-to-let sector, advising both residential and commercial property owners on relevant tax and legislation issues. A further element to Martin’s role is to build Torgersens’ relationships with banks, financial advisors and specialists in commercial and employment law to ensure that the firm’s clients have access to market-leading guidance.  

To get in touch please e-mail martin.johnson@torgersens.com.

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