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Daily Mirror
Daily Mirror
Business
Levi Winchester

Millions of households due to receive up to £900 worth of cost of living payments

Millions of households could still receive up to £900 worth of cost of living payments over the next year.

The money is being awarded to certain groups of people to help with rising bills.

The second and third cost of living payments - worth £300 and £299 respectively - for people claiming means-tested benefits are due to be sent out.

Exact dates for when they'll be issued have yet to be revealed, but the £300 is expected to be sent in autumn 2023, with the £299 to follow in spring 2024.

In order to receive these cost of living payments, you need to be in receipt of certain benefits during a qualifying period.

You may be entitled if you get:

  • Income-based Jobseeker’s Allowance (JSA)

  • Income-related Employment and Support Allowance (ESA)

  • Income Support

  • Pension Credit

  • Universal Credit

  • Child Tax Credit

  • Working Tax Credit

The qualifying period for when you need to be receiving these benefits by has also not yet been announced.

For the first cost of living payment - worth £301 - you had to be claiming one of these benefits during the period of January 26, 2023 to February 25, 2023.

You would still have been eligible if you were later found to be entitled to a benefit during this timeframe.

However, you wouldn’t have been eligible if your benefit was reduced to £0 for the qualifying period.

The £301 cost of living payment was sent out between April 25, 2023 and May 17, 2023 to more than eight million households.

Pensioner households will also receive an extra £300 on top of their Winter Fuel Payment later this year.

The Winter Fuel Payment is normally paid out from November onwards and is worth up to £300, depending on your circumstances.

This means some households will get up to £600 this winter.

You will get a Winter Fuel Payment for winter 2023 to 2024 if you were born before September 25, 1957 and you live in the UK during the qualifying week.

The qualifying week is the week beginning from the third Monday in September.

You won't be entitled if you live in a care home or nursing home and claim Pension Credit, Income-based Jobseeker's Allowance or Income-related Employment and Support Allowance.

Millions of people claiming disability benefits have also just received a £150 cost of living payment.

The money was being sent out from June 20 to July 4 to more than six million households.

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