PIP rates are changing next month – how much you can expect from April 2023 | Personal Finance | Finance
PIP is increasing by 10.1 percent in April with thousands of claimants to get a boost to their payments. Many other benefits will also increase by this amount, including Universal Credit and Pension Credit.
The benefit is available for those who have had an illness or condition for nine months which affects their daily life, and which they expect will affect them for at least another 12 months.
Claimants receive a daily living component and a mobility component, with a lower and higher rate for each part, depending on an individual’s needs.
The current weekly payments are:
Daily living part
- Lower rate – £61.85
- Higher rate – £92.40
Mobility component
- Lower rate – £24.45
- Higher rate – £64.50.
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Payments will increase by 10.1 percent with the start of the new tax year. With the payments increase, weekly payments will be:
Daily living part
- Lower rate – £68.10
- Higher rate – £101.75
Mobility part
- Lower rate – £26.90
- Higher rate – £71.
Chancellor Jeremy Hunt said ahead of the Budget announcement: “Those who can work, should work because independence is always better than dependence.
“Already we’re seeing near record levels of employment in Britain, but we need to go further to build a country that rewards work and gives everyone the chance of a better future.
“But for many people, there are barriers preventing them from moving into work – lack of skills, a disability or health condition, or having been out of the jobs market for an extended period of time.
“I want this back-to-work Budget to break down these barriers and help people find jobs that are right for them.”
Laura Davis, chief executive of the British Association for Supported Employment (BASE), welcomed the changes.
She said: “We’re particularly pleased to hear about the plans to scrap the work capability assessment which will be a great step towards ensuring people can try employment without fear.
“We believe everyone who wants to work, can, with the right job and the right support, and should be provided every opportunity to dream big, without fear of being financially worse off.”
