DWP benefit claimants receiving the likes of Universal Credit, Pension Credit or tax credits, in 2023/24, should get the £300 cost of living payment
A cost of living payment worth £300 is being paid to millions of homes across the country this winter. Paid into bank accounts directly from the Department for Work and Pensions , the payment date window has now been released by the government.
Payments are tax-free, will not count towards the benefit cap and will not have any impact on existing benefit awards, the Government said. Eligible pensioner households will also get a further £300 payment later this year in addition to the winter fuel payment.The £300 cost-of-living payment will be sent out automatically and directly to recipients, meaning those eligible do not need to apply, contact the Government or do anything to receive it.
Work and Pensions Secretary Mel Stride said: “The best way we can boost bank balances is by bearing down on inflation, but, as we get there, we are ensuring the most vulnerable households are cushioned from high prices with a further cost-of-living payment.” The DWP will pay more than seven million households and HMRC will follow with around 830,000 more, taking the total number of households eligible for the cost-of-living payment to around eight million. People may get a payment if they receive Universal Credit, income-based Jobseeker’s Allowance, income-related Employment and Support Allowance, Income Support, Working Tax Credit, Child Tax Credit, or Pension Credit.
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