A wave of bank holidays in May means a variety of benefit payments will be issued on different days than usual.
30.03.2023 - 11:47 / manchestereveningnews.co.uk
The Department for Work and Pensions (DWP) will soon roll out the first instalment of a wave of cost of living payments nationwide.
According to State for Work and Pensions secretary, Mel Stride, the aim of the payments is to provide a financial boost to more than eight million vulnerable households facing the brunt of the cost of living crisis. For most, this will include a series of payments equating to up to £1,350 depending on your circumstances.
However, not everyone will be eligible for the cost of living payment, even if they do receive one of the qualifying means-tested benefits. According to the government, you will be considered eligible for the payments if you receive Universal Credit, Income-based Jobseekers Allowance, Income-related Employment and Support Allowance, Income Support, Working Tax Credit, Child Tax Credit, and Pension Credit.
Read more: People who will get the full DWP £1,350 cost of living payments and when they will be made
But there is some small print involved in the eligibility of the payment that many may not be aware of. If you're under the impression that you will receive the first instalment of £301 Between April 25 and May 17, it's worth double-checking your benefit payment dates...
While it's true that the cost of living payment will be made available to those receiving means-tested benefits, claimants may still not receive any of the cash. According to the DWP, claimants must have received either a payment from an eligible benefit or a payment for an assessment during a specific qualifying period.
For the first cost of living payment, the qualifying period is between January 26, 2023 and February 25, 2023. If you did not receive payment from Universal Credit or any other
A wave of bank holidays in May means a variety of benefit payments will be issued on different days than usual.
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Millions of Brits will receive a cash boost from the Department for Work and Pensions (DWP) next week in the form of the first cost of living payment.
Benefits claimants have been warned that they need to update officials if they travel overseas. People who receive benefits such as Universal Credit and Personal Independence Payment (PIP) must notify the Department for Work and Pensions on changes in circumstance, which includes going abroad.
The latest figures from the Department for Work and Pensions (DWP) show that at the end of January 2023 there were 5.9 million people claiming Universal Credit. The means-tested benefit is a payment designed to help people on a low income, out of work, or if they cannot work due to ill health or caring responsibilities.
An estimated 19.2 million families and 39.8 million individuals across Great Britain currently in receipt of State Pension or benefits from the Department for Work and Pensions (DWP) and HM Revenue and Customs (HMRC) will see their payments go up by 10.1 per cent next week. However, due to payments made in arrears most people will not see a difference until May.
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HM Revenue and Customs (HMRC) has announced that over one million households currently receiving Tax Credits, and no other means-tested benefits from the Department for Work and Pensions (DWP), will receive the £301 cost of living payment between May 2 and 9, 2023.
An estimated 19.2 million families and 39.8 million individuals across Great Britain currently in receipt of State Pension or benefits from the Department for Work and Pensions (DWP) and HM Revenue and Customs (HMRC) will see their payments go up by 10.1 per cent next week. However, due to payments made in arrears most people will not see a difference until May.
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Over eight million families in the UK will benefit from a new wave of Cost of Living Payments in 2023, according to the government.
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The Department for Work and Pensions (DWP) has extended its free support to help people through the Universal Credit claim process.