Universal Credit applicants can receive a bonus of £ 812 in 2022 – are you eligible? | Personal Finances | Finance
Universal Credit offers support to those who have low incomes or are totally unemployed. Those facing unforeseen emergency costs may also receive budgetary advances.
Budgetary advances can help applicants cover the costs of emergency household expenses such as replacing a broken stove, getting a job or keeping work, or funeral expenses.
These advances will have to be repaid by regular installments from Crédit Universel, which will be less until the debt is repaid.
If an applicant stops obtaining universal credit, they will have to repay the money through other means.
What a person can get from a budget advance will depend on how much they need and they will agree on that amount with their work coach.
READ MORE: 22 Things People On Universal Credit Can Get For Free In 2022
To request a budget advance, applicants can update their journal in their Universal Credit account, contact their nearest employment office, or call the Universal Credit helpline on 0800 328 5644.
To be eligible for Universal Credit initially, an applicant must live in the UK and be 18 years of age at retirement age.
They should also have less than £ 16,000 in savings.
Applicants may work and be eligible for Universal Credit and it is also available for self-employed and part-time workers.
Single applicants aged 25 or over will receive £ 324.84.
Couples, both of whom are under 25, will receive £ 403.93 (for both).
When at least one of the couples is 25 years of age or older, £ 509.91 will be issued.
It should be noted that universal credit income and other benefit payments will increase 3.1% from April.