Explanatory note

This Order brings into force those provisions of the Welfare Benefits Up-rating Act 2013 (c.16) that are not already in force.

The Order brings into force on 1st October 2013 sections 1 and 2 of, and the Schedule to, that Act.

Section 1 provides for the up-rating by order of certain social security benefits and payments by 1 per cent for the tax years 2014-15 and 2015-16.

Section 2 provides for the up-rating by order of certain elements of tax credits by 1 per cent for those tax years.

The Schedule sets out the “relevant sums” for the purposes of section 1 and the “relevant amounts” for the purposes of section 2.

An impact assessment has not been carried out in relation to this Order as it does not have any impact on business or civil society organisations.