Universal Credit is a payment administered by the Department for Work and Pensions (DWP) to those who need additional financial help. The payment is designed to assist those who are on a low income, or who have found themselves out of work. In order to be eligible, a number of criteria must apply to a person’s circumstances.
In a couple where both are under 25, the entitlement amount is £488.59, increasing to £594.04 if one or both of the couple is over 25.
If a person has one or two children, they will receive an extra amount for each child.
Those with three or more children will receive an extra amount for at least two children.
A first child born before April 6, 2017 is entitled to £281.25, with a first child born after this date receiving £235.83.
For a second child, or any other eligible children, the extra monthly amount stands at £235.83 per child.
And for those raising children with a disability, or a severe disability, the entitlement amount is at £128.25 and £400.29 respectively.
Aside from the monthly allowance, parents can also receive vital support with the cost of childcare.
The government website states: “You may be able to claim back up to 85 percent of your childcare costs if you are eligible for Universal Credit.
“You, and your partner if you live with them, will usually need to either be working, or have a job offer.”
The amount of assistance claimants can receive varies, but the government has given further clarity.
The most a person can get back each month is £646 for one child, or £1108 for two or more children.
This could provide vital assistance for those who are responsible for raising children if their financial circumstances are difficult.
However, it is worth noting, parents and guardians can only receive support of this kind if their child is in approved childcare.
Registered childminders, nannies, play schemes, nurseries, clubs and schools are all considered as ‘approved childcare’ by the DWP.
Parents and guardians, however, are encouraged to double check this through the government’s website.