£150, £300 and £601 cost of living payments are due this year - check if you qualify
The Department for Work and Pensions recently confirmed the payment schedule for the £26 billion 2023/24 cost of living support which is worth up to £1,350 for those on a low-income, people claiming disability benefits and pensioner households. The next round of support is expected to help millions of families across the country through the ongoing financial crisis.
No exact payment windows have been announced yet or qualifying periods, DWP legislation states this is to prevent fraud and will be confirmed once those dates have passed. DWP has also explained that the £900 payment will be made up of three slightly different amounts , relating to specific qualifying periods, making it simpler to determine if someone has received the correct payments.
Over eight million people of State Pension age will receive a £300 Pensioner Cost of Living Payment added to their annual Winter Fuel Payment - this will follow the same format as winter 2023/23 payments. Guidance on the official Cost o Living Payments page on GOV.UK explains that eligibility criteria for the 2023/24 payments will be the same as last year. This means if you qualified last year, then you should get ti this year too - unless your circumstances have changed.People who are eligible for any of the cost of living payments and receive Tax Credits, and no other means-tested benefits, will receive their payment from HM Revenue and Customs shortly after DWP payments are issued.
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