This post is for people who live in the UK, care for someone who needs it, and are qualified for a carer allowance. Read this post with us to learn more about the Carers Allowance Increase: How much is the amount of the Carers Allowance expected to go up in 2024?
Carers Allowance Increase
A Carer’s Allowance is the main aid payment that the UK government gives to help caregivers. You might be able to claim it even if you don’t think of yourself as related to the person who needs care. Carer’s Allowance is given every four weeks, or once a week. Every year in April, the amount is changed.
This payment is made every four weeks and is worth £76.75 per week from April 2023 to April 2024. The government will pay for the caregiver’s income with a first payment of £3 billion in 2023. By 2024–2025, the real benefits will rise to £3.6 billion.
If you want to learn more about the UK’s Carers Allowance Increase, read this post all the way through.
What is Carers Allowance In the UK?
Carer’s Allowance is a weekly payment from social security to people who care for sick, old, or disabled people who need help. Your Carer’s Allowance may not be paid to you if you also get other benefits, like a State Pension.
You may only get half of your Carer’s Allowance if you also get another type of SSI. You might be able to get Carer’s Allowance if you care for someone with a disability, chronic illness, or other medical condition for at least 35 hours a week and they are getting other benefits.
For as long as your claim for Carer’s Allowance is accepted, you will still be entitled to it. This could mean that you could get extra money for any means-tested payments you get, like Housing Benefit or Pension Credit.
Carers Allowance Increase Overview
| Post Title | Carers Allowance Increase |
| Country | UK |
| Organisation | His Majesty’s Revenue & Customs or HMRC |
| Carer Amount in 2023 | £76.75 |
| Carer Amount in 2024 | £81.90 |
| Further Reading | Locate Here |
What is the Expected Increase in Carers Allowance Amount in 2024?
On April 1, 2024, the National Living Wage will go up by 9.8% to £11.44, and the age limit will go down from 23 to 21. So that the triple lock would stay in place and benefits would keep up with inflation, the government raised caregiver benefits.
It is expected that over 600,000 Australians who receive caregiver support will see a 6.0 percent rise in their payments when indexation starts on January 1, 2024. If you are taking care of two or more people, your Carer’s Allowance rate goes up by up to 50% per week.
It will go up from £76.75 to £81.90 in 2023 and 2024 for people who give at least 35 hours of care per week and make less than £139 per week. That’s about £2.19 an hour. Only caregivers who have other income, like a pension, have to pay taxes on the allowance. If they don’t, they don’t have to pay taxes on it.
Carers Allowance Amount 2024
The budget for 2024 was made public on October 10, 2023. A huge amount of money will be spent, tax breaks, and one-time payments are planned in the Budget. At the moment, Carer’s Allowance covers the first €350 of a single person’s income. The payment for next week is €450. About the same, between €750 and €900 a week for a couple.
According to the statement for Budget 2024, people who get the most Carer’s Allowance will start getting an extra €12 per week in January 2024. In a proportional way, adults who qualify and whose payment rates are dropped will get more money.
From June 2024 on, the Carer’s Allowance will cost €450 for a single person and €900 for a pair. With the increase in Carer Allowance to $153.50 every two weeks, a lot of caregivers will get extra money to help with their bills.
Final Words
The person you are taking care of doesn’t have to be a family member or neighbor. Carer’s Allowance can only be applied for by the person who is caring for the same person. You won’t get more money if you care for more than one person.
The website for the Department of Social Services has a full list of all the payments that will go up on January 1, 2024, along with their new rates and limits.
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