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Latest cost of living payments has arrived – check if you qualify

2024-02-13 00:00:00.0 独立报-英国新闻原网页

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Households should start to receive the third ￡299 cost-of-living payment from today.

It is the third of up to three payments totalling up to ￡900 paid to eligible households on means-tested benefits over 2023/24 and comes as part of a support package that has been helping households since autumn 2021.

Payments will be made across the UK by the Department for Work and Pensions (DWP) between February 6 and 22.

Benefit reforms have pushed many people into low-wage jobs, the IFS said (Dominic Lipinski/PA)

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Benefit reforms have pushed many people into low-wage jobs, the IFS said (Dominic Lipinski/PA)

(PA Wire)

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Households receiving tax credits only will receive payments from HM Revenue and Customs (HMRC) between February 16 and 22.

The payments will be sent out automatically and recipients do not need to apply to receive them.

Mel Stride, Secretary of State for Work and Pensions, said: “The economy has turned a corner, and with inflation falling we are providing millions of the most vulnerable households with another significant cash boost.”

Who receives the cost of living payment? You may be entitled to up to 3 Cost of Living Payments of ￡301, ￡300 and ￡299 if you get any of the following benefits or tax credits on certain dates:

income-related Employment and Support Allowance (ESA) Income Support Pension Credit Universal Credit Child Tax Credit Working Tax Credit

The payment will be made separately from your benefit payments.

The UK Government said it will continue to support vulnerable people with the cost of living from April by uprating benefits in line with inflation by 6.7% and maintaining the triple lock and increasing the state pension by 8.5%, among other measures.

People can check the Help for Households website to see what cost-of-living schemes are available.

According to figures released by the Insolvency Service last week, the number of people needing breathing space from their debts jumped by 25% in 2023 compared with the previous year.

Across England and Wales, there were 88,390 registered breathing spaces in 2023, comprising 86,928 standard and 1,462 mental health breathing space registrations, the Insolvency Service said.

Mel Stride, Secretary of State for Work and Pensions

(PA)

A standard breathing space is available to people with problem debt and gives legal protections from creditor action for up to 60 days.

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