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03.01.2023 - 03:11 / dailyrecord.co.uk
The Department for Work and Pensions (DWP) has announced the payment schedule for the next wave of cost of living support worth up to £1,350 for those on a low-income, people claiming disability benefits and pensioner households. The next round of support was previously unveiled in the Autumn Statement, building on payments made to more than eight million people in 2022.
The DWP also confirmed that the new £900 cash support for over eight million eligible means-tested benefits claimants will be made in three instalments - two this year and one in 2024. Claimants on qualifying benefits including Universal Credit, Pension Credit and Tax Credits will see the first payment for £301 land in their bank accounts automatically this Spring - there’s no need to apply.
DWP explained that the £900 payment will be made up of three slightly different amounts (£301, £300, £299), relating to specific qualifying periods, making it simpler to determine if someone has received the correct payments.
There will also be a separate £150 Disability Cost of Living Payment this summer for more than six million people in receipt of disability benefits including Personal Independence Payment (PIP), Adult Disability Payment and Attendance Allowance.
Over eight million people of State Pension age will receive a £300 Pensioner Cost of Living Payment added to their annual Winter Fuel Payment.
DWP said exact payment windows will be announced closer to the time, adding that payments are being spread out to ensure consistent support throughout the year.
Below is the payment schedule from DWP.
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
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The UK Government recently announced a series of new cost of living payments to help millions of households across the country mitigate soaring inflation and rising energy bills. The new cost of living support package is worth £26 billion in 2023/24, in addition to the 10.1% benefits uprating, which is worth £11 billion to working age households and people with disabilities.
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