£80 payment, HMRC letter and full benefit rate change... the DWP and money changes coming in June
manchestereveningnews.co.ukA variety of financial changes are set to take place in June which could affect your personal budget. Some of the changes taking place in the midst of a newly announced general election include new cost of living payments for some living in certain areas.
Meanwhile, some Universal Credit claimants could see their payments go up, depending on when their last assessment period took place.
The Bank of England could also make a major new announcement affecting the British economy as well as how much you'll pay back on your mortgage when it takes another look at interest rates in June. Read more: Decision on hiking water bills to £666 in Greater Manchester delayed until after election There is also a new law for pet owners to be aware of, otherwise you might get caught out and fined, and you may start to see banknotes featuring King Charles' image in your cash.
Here's a full breakdown of all the money changes taking place in June 2024. During the Spring Budget, Chancellor Jeremy Hunt confirmed that the government will scrap multiple dwellings relief for stamp duty land tax.
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