Martin Lewis explains if you’ll be better off under new Universal Credit benefits shake-up launching today

Though almost a million people could be worse off.

According to MSE's article, you could be worse off if any of the following apply to you:

• You're a lone parent who works but doesn't pay rent
• You have a disability and you're in work, but you don't pay rent
• You're a self-employed worker earning less than the minimum income floor
• You have savings over £16,000

It's not all bad though - if you're moved over by the Government you’ll be given "transitional protection", according to Martin Lewis.

This means your new payment will be topped up to meet your previous amount if you receive less money on Universal Credit than on your current benefits.

It's estimated that around 1.4million people will be better off on Universal Credit, including:

• Most people who work and rent
• Some people who have higher earning but don't rent

It's worth bearing in mind, though, that these outlines should only act as a rough guide - situations will vary on a case by case basis.

There are concerns, however, that those being moved to Universal Credit could have to wait weeks for their first payments.

Millions of people could be left unable to afford essential bills in the migration.

If you think you'll be better off on Universal Credit, it's best to speak to an adviser to be sure before switching over, as you can't go back once you've moved over.

You can grab free advice from organisations like or , which is a free, government-run information service.

An online benefits calculator from charities such as  and , may also be useful to help you work out the best route for your circumstances.