Universal Credit – what you need to know
Universal Credit is a new type of financial support for people of working age who are looking for work or on a low income. It’s a new single monthly payment which merges together some of the benefits and tax credits that you might be getting now.
What’s different about Universal Credit?
- It will be paid monthly into an account you choose
- If you get help with your rent, this will be included in your monthly payment – you’ll then pay your landlord yourself
- If you and your partner are both eligible, you will get one monthly payment for the household
Managing your Universal Credit claim online
How to get ready for the changes
Make sure you have a bank account (or similar)
Check whether you can set up automated bill payments (direct debits)
Draw up a monthly budget
Make sure you have access to the internet
Make a payment
- Consider making extra payments into your rent account before you swap to Universal Credit
- To avoid going into rent arrears you will need to pay a month’s rent in advance. This could be difficult to find in one lump sum. If you start making small payments onto your rent account now you will have a ‘buffer’ that will help when it’s your time to change.