The payment schedule for the next wave of cost-of-living support has been announced. The Department for Work and Pensions (DWP) has detailed when a potential £1,350 will be paid to those who are eligible.
The help is aimed at people claiming disability benefits and pensioner households. The next round of support is expected to help millions of families across Nottinghamshire through the ongoing economic crisis.
The DWP also confirmed that up to £900 in cash support for over eight million eligible means-tested benefits claimants will be made in three instalments – and that there is no need to claim. 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.
Read more: DWP - Not all Universal Credit claimants will qualify for new £301 Cost of Living payment
There will also be a separate £150 Disability Cost of Living Payment this summer. That will go to more than six million people receiving disability benefits - including Personal Independence Payment (PIP), Adult Disability Payment and Attendance Allowance.
And more than 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. Altogether, these payments total £1,350.
Cost of living payment schedule 2023/24:
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 Customs (HMRC) shortly after DWP payments are issued.
£900 means-tested cost-of-living payment:
- £301 – first payment to be made during Spring 2023
- £300 – second payment to be made during Autumn 2023
- £299 – third payment to be made during Spring 2024
This will be paid to eligible households receiving the following benefits:
- Universal Credit
- Income-based Jobseekers Allowance
- Income-related Employment and Support Allowance
- Income Support
- Pension Credit
- Working Tax Credit - paid by HMRC if no other DWP means-tested benefit is also claimed
- Child Tax Credit - paid by HMRC if no other DWP means-tested benefit is also claimed
This payment will be tax-free, will not count towards the benefit cap, and will not have any impact on existing benefit awards.
£150 disability cost-of-living payment:
- £150 – this one-off payment will be made during Summer 2023
This will be paid to eligible claimants receiving the following benefits:
- Disability Living Allowance
- Personal Independence Payment
- Adult Disability Payment
- Child Disability Payment
- Attendance Allowance
- Armed Forces Independence Payment
- Constant Attendance Allowance
- War Pension Mobility Supplement
This payment will be tax-free and will not have any impact on existing benefit awards.
£300 Pensioner Payment:
- £300 – this will be added to annual Winter Fuel Payments during Winter 2023/24
Older people also in receipt of Pension Credit will also qualify for the £900 means-tested cost of living payment and the £150 payment if they are receiving support through one of the listed disability benefits.
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