People in the UK who have serious illnesses or disabilities get much-needed help from the Personal Independence Payment. Do you want to know the latest news about PIP Rates 2024 and what the new PIP rates will be in the UK from 2023 to 2024? Then you need to read this article with us.
Rates for PIP in 2024
People who get the Personal Independence Payment may get a big boost in payments starting in April 2024. 36% of the 3.4 million people in the UK who get PIP get the most money possible. So, the users are excited to find out what the PIP rates will be for 2023–2024.
The Department for Work and Pensions gives PIP payments every week for £172.75. The Bank of England predicts that the CPI will rise by 7% in September. This means that families should see another big jump in April of next year. Because of this, the PIP rates might go up by 2.5% in 2024.
Are you also waiting for your UK PIP payments to come out? If so, you should read this whole piece. Here, we’ll give you all the important information you need about the rates of welfare payments and other information about who is eligible.
What Does PIP Mean?
If you have a disease, disability, or mental health trouble, you can get extra money called the Personal Independence Payment (PIP) to help you with your daily life. It is given to people between the ages of 16 and State Pension who need long-term care or have a sickness or disease that makes it hard for them to move around.
If you have a serious physical or mental illness, a disability, or trouble doing certain everyday jobs, PIP can help you pay for extra living costs. So, PIP is split into two parts: daily life and getting around.
PIP is tax-free and doesn’t depend on how much money you have. That is, you can get it with or without a job, and it doesn’t matter how much money you make or have saved. It is possible to get if you get other benefits or the Employment and Support Allowance.
A Look at PIP Rates for 2024
Article Head | PIP Rates 2024 |
Benefits Name | Personal Independence Payment |
Implemented By | Federal Government of UK |
Regulated By | Department for Work and Pensions or DWP |
Beneficiaries | The disabled population of the UK |
PIP Eligible Age | 18-66 years |
PIP Expected Increase | 6.7% |
Eligibility for PIP
You may be able to fill out a new claim for Personal Independence Payment if you are over 16 but not yet age 65. Besides that, you must be disabled or have a medical problem that makes daily life harder for you. You should have been having these problems for at least three months and know that they won’t go away for another nine.
You may also be able to get an Attendance Allowance if you are older than the present State Pension age of 66. You can also make a new claim if you were eligible for PIP in the year before you turned 65 and have already got it.
What Are the UK’s New PIP Rates for 2023 and 2024?
In April 2023, when prices went up, PIP rates went up by 10.1%. The new daily living part of the Personal Independence Payment for 2023 is £101.75 above the standard amount and £68.10 below it. Mobility costs have gone up. They are now £71.00 for the advanced rate and £26.90 for the basic rate.
People who get PIP benefits or other benefits will get more money in April 2024 if the 6.7% increase is passed. As a result, the daily living component is expected to go up to around £72.66 for the standard rate and £108.57 for the improved rate in 2024. It is expected that the mobility part will go up to £28.70 for the regular rate and £75.73 for the enhanced rate.
Please keep in mind that the prices mentioned above are just estimates and may change. You will have to wait a little longer to get more exact information because the government may decide to raise benefit rates by a different amount.
How to Get the PIP?
It could be up to four months after you file for a Personal Independence Payment before you get any money. PIP payments don’t go back in time; instead, they start on the day you file your claim to make up for the time the DWP takes to handle it. Call 0800 917 2222 to talk to someone from the DWP about starting a new PIP claim.
PIP benefits are given to people with a wide range of medical conditions, so it can be hard to figure out if you are eligible. The PIP is based on how much help you need because of how your health affects you, not on what problem you have or what medicines you take.
For the most up-to-date information on PIP rates for 2024, we suggest that you check the UK government’s website often.