2023 Working Tax Credit Increases In Response To Cost Of Living Crisis

Working Tax Credit will increase in 2023 by 10.1% to help tackle the cost of living crisis. See the table below for more information about how Working Taxi Credit claimants will be affected by the payment increases.

The government announced the payment increases for Working Tax Credit claimants in response to the cost of living crisis in the Autumn Statement 2022.

2023 Working Tax Credit Increase

Working Tax CreditPayment Changes
Working Tax Credit Basic ElementIncreased by 10.1%
Couple and lone parent elementIncreased by 10.1%
30-hour elementIncreased by 10.1%
Disabled worker elementIncreased by 10.1%
Severe disability elementIncreased by 10.1%

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