HMRC has also confirmed the new rates and thresholds for Child Benefit and Tax Credits
An estimated 19.2 million families and 39.8 million individuals across Great Britain currently in receipt of State Pension or benefits from the Department for Work and Pensions and HM Revenue and Customs will see their payments go up by 10.1 per cent later this year.
New payment rates from April 2023 Inflation-linked DWP benefits, Tax Credit elements and benefits administered by HMRC will rise by 10.1 per cent from April 2023. The Basic and New State Pensions will also be uprated by 10.1 per cent, in line with the Triple Lock. Current rates per week New rates per week - from April 2023 Guardian's Allowance rates from April 2023 The new weekly rate for Guardian's Allowance will be £20.40 - an increase of £1.85 on the current 2022/23 rate of £18.55.
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