Will you be in the firing line of benefit cuts?
The Chancellor, George Osborne, plans to cut a further £10billion from the welfare budget to help balance the government's books.
Already hard-pressed families claiming child tax credit, working tax credit and housing and disability benefit could face harder times ahead thanks to the cuts, which come on top of the £18billion worth of cuts already announced in 2010.
If you're receiving benefits of any kind, here's a look at whether not you'll be affected by the Treasury's plans and if so, just how.
Healing, but not fast enough
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In a speech at the Conservative Party Conference in Birmingham this past week, the Chancellor justified his plans by saying the economy was healing, but not as quickly as the coalition government had hoped.
The under 25s could bear the brunt of the new cuts, potentially losing their rights to claim housing benefits.
The Chancellor thinks the 380,000 under 25s currently claiming an average of £90 per week in housing benefits should be living with their family if they cannot afford their own accommodation.
Housing and homelessness charity Shelter said the plans would remove a safety net for young people.
Campbell Robb, Chief Executive of Shelter said: "Young people are already facing an incredibly tough time, with high unemployment, rising living costs and flat-lining wages for those lucky enough to have a job. Removing such a vital source of support will be a huge blow for young people struggling to set themselves up in life."
Mr Osborne also appeared to hint at caps to child benefit, perhaps even limiting the number of children per family the state would support.
He asked: "How can we justify a system where people in work have to consider the full financial costs of having another child, whilst those who are out of work don't?"
Children's charity the Child Poverty Action Group believes the government is in fact planning such a cap and reacted angrily.
Alison Garnham, chief executive, said: "The Chancellor is utterly wrong to claim that families out of work are better off having more children. If a family without work has another child, the shortfall relative to a family's minimum need increases and parents must make even more sacrifices to meet their children's needs. But working families do better because on top of wages they can get in-work benefits like tax credits and housing benefit."
Though the Chancellor made several allusions to what the government might have planned, nothing is yet confirmed. Deputy Prime Minister Nick Clegg said that nothing has been agreed yet and that the details will be worked out within government over the coming months.
Benefit-claiming households have already been hit by changes to the welfare system earlier this year, as I explained in my article 'What benefit changes take effect in April 2012?'
Those changes, which were implemented at the start of the current tax year, included alterations to the Child Tax Credit threshold, the qualifying criteria for Working Tax Credits and cuts to disability benefits.
The income limit for Child Tax Credit was reduced. It used to be that you were eligible for credits as long as your income didn't exceed £41,300, but since April 6 the limits have been lower, meaning fewer people were entitled to the credits.
For example you may not qualify for Child Tax Credit if you have one child and your income exceeds around £26,000 or if you have two children and your income is more than around £32,200.
With housing benefits, single people under the age of 25 used to have their benefits capped at the cost of a room in a shared house. The age limit was raised to 35 in April and meant, according to Citizens Advice, around 88,000 people lost an average of £45 a week.
In disability benefits, changes announced earlier this year will soon be coming into effect. Anyone claiming an incapacity benefit that has a working partner or savings of £16,000 or more will lose their benefits as of April 2013.
Also as of April 2013, there will be a limit on the amount of benefits a person of working age (between 16 and 64) can claim.
The cap is designed so that it is not possible to get more in benefit payments such as housing benefit, incapacity benefit and jobseeker's allowance, than the average wage paid to people in work.
The details are a little complicated, and there are exceptions for people in specific circumstances, but there will be caps of £350 and £500 per week, depending on a claimant's situation.
You can find all the information on the cap here on the DirectGov website, including a benefit cap calculator to see if you'll be affected and if so, by how much. The Department for Work and Pensions (DWP) is, however, contacting anyone claiming benefits who will be affected by the cap.