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Latest cost of living payments arrive today – check if you qualify

February 6, 2024
in Europe
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Households ought to begin to obtain the third £299 cost-of-living fee from right now.

It’s the third of as much as three funds totalling as much as £900 paid to eligible households on means-tested advantages over 2023/24 and comes as a part of a help package deal that has been serving to households since autumn 2021.

Funds might be made throughout the UK by the Division for Work and Pensions (DWP) between February 6 and 22.

Households receiving tax credit solely will obtain funds from HM Income and Customs (HMRC) between February 16 and 22.

The funds might be despatched out robotically and recipients don’t want to use to obtain them.

Mel Stride, Secretary of State for Work and Pensions, mentioned: “The economic system has turned a nook, and with inflation falling we’re offering tens of millions of essentially the most susceptible households with one other vital money increase.”

Who receives the price of dwelling fee?

You could be entitled to as much as 3 Value of Residing Funds of £301, £300 and £299 should you get any of the next advantages or tax credit on sure dates:

income-related Employment and Assist Allowance (ESA)Revenue SupportPension CreditUniversal CreditChild Tax CreditWorking Tax Credit score

The fee might be made individually out of your profit funds.

The UK Authorities mentioned it is going to proceed to help susceptible folks with the price of dwelling from April by uprating advantages in step with inflation by 6.7% and sustaining the triple lock and rising the state pension by 8.5%, amongst different measures.

Individuals can verify the Assist for Households web site to see what cost-of-living schemes can be found.

In accordance with figures launched by the Insolvency Service final week, the variety of folks needing respiratory area from their money owed jumped by 25% in 2023 in contrast with the earlier 12 months.

Throughout England and Wales, there have been 88,390 registered respiratory areas in 2023, comprised of 86,928 customary and 1,462 psychological well being respiratory area registrations, the Insolvency Service mentioned.

Mel Stride, Secretary of State for Work and Pensions

(PA)

A regular respiratory area is on the market to folks with drawback debt and provides authorized protections from creditor motion for as much as 60 days.

A psychological well being disaster respiratory area is on the market to somebody who’s receiving psychological well being disaster therapy.

It lasts so long as the individual’s psychological well being disaster therapy, plus 30 days.

What to do should you haven’t obtained your value of dwelling fee:

For those who have been anticipating one of many following Value of Residing Funds however haven’t obtained it, you may report it as lacking right here.

£301 paid between 25 April 2023 and 17 Might 2023 for most individuals£300 paid between 31 October and 19 November 2023 for most individuals£150 Incapacity Value of Residing Cost paid between 20 June 2023 and 4 July 2023 for most individuals

Earlier than reporting a lacking fee, verify your financial institution, constructing society or credit score union account, or your Cost Exception Service voucher receipt. The fee might be made individually out of your profit.

What different winter advantages are there?

There are three key help schemes obtainable to folks as chilly climate hits within the winter months:

Chilly Climate Funds

A chilly snap initially of the 12 months noticed many postcodes qualify for the Chilly Climate Cost. For those who reside in an space that has expertise seven or extra days of temperatures at or beneath zero, you’re eligible for £25 for each seven days of chilly. In Scotland, this scheme was lately changed with the Winter Heating Cost.

Heat House Low cost

If you’re on a low-income and have excessive power prices, you could possibly get a one-off £150 fee to assist together with your payments. Additionally, you will qualify should you get the Assure Credit score factor of Pension Credit score. The low cost needs to be utilized to yoru power payments between October 2023 and March 2024. The scheme works barely in another way for Scottish candidates.

It is best to obtain a letter in January 2024 should you is perhaps eligible. If you don’t, you need to contact the DWP earlier than 29 February 2024.

Winter Gasoline Cost

You’ll robotically qualify for this in case you are over the state pension age (66 years outdated) and reside within the UK. The low cost grants you between £250 and £600 to assist pay your heating payments. You don’t want to use should you at present obtain a state pension, or most different advantages. If you don’t, it’s possible you’ll want to use.

The low cost cash ought to have robotically entered your account in October or November.

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