Details regarding Social Care funding for 2023/24 have been announced as follows:
· Capital limits remain at their current level (a lower capital limit of £14,250 and an upper capital limit of £23,250)
· Tariff income calculations remain unchanged.
· The personal expenses allowance (PEA) for local authority-supported care home residents increases in line with inflation from £25.65 per week to £28.25 per week.
· The minimum income guarantee (MIG) for people receiving local authority-arranged care and support other than in a care home increases in line with inflation.
· The Savings Credit disregards increase in line with inflation. These rates apply to individuals receiving care in a care home, their own home, or another setting.
Full details of care benefits, allowances and rates will be detailed in our Benefit Rate Card which will be published in April.
Comments