Millions to get £301 cost of living payment next week
More than eight million Britons on benefits are soon to receive the first £301 instalment of a £900 cost of living payment – but many people will miss out on the support. A person has to be on certain means-tested benefits to get the payment, such as Universal Credit and Pension Credit.
The first payment will arrive in people’s bank accounts from April 25 to May 17 with the funds paid automatically.
To be eligible for the payment, a person must be on one of these benefits:
- Income-based jobseeker’s allowance
- Income-related employment and support allowance
- Income support
- Pension credit
- Child tax credit
- Working tax credit
- Universal Credit.
READ MORE: Do you qualify for PIP? DWP issues new guidance on benefit eligibility
This means these benefits will not qualify a person to receive the funds:
- Attendance Allowance
- Carer’s Allowance
- Child Benefit
- Disability Living Allowance (DLA)
- Contributory, or ‘new style’, Employment and Support Allowance (ESA)
- Guardian’s Allowance
- Contribution-based, or ‘new style’, Jobseeker’s Allowance (JSA)
- Maternity Allowance
- Personal Independence Payment
- State pension
- Statutory adoption, maternity, paternity and shared parental pay
- Statutory sick pay.
Millions of pensioners are also to receive between a cost of living payment of between £150 and £300 from November.
This cost of living payment will be paid on top of the Winter Fuel Payment for winter 2023/2024.
Those who are eligible will be sent a letter in October or November which will detail how much their total payment is.
This means a person who gets all three of the cost of living payments could get up to £1,350 to help towards the rising cost of everyday needs.
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