Cost of living payments were a lifeline for some during 2022. As fuel and food costs spiralled, households worried about rising bills and just how to pay them. Further payments under the government scheme are due in 2023, however the criteria for eligibility for the new amounts is different. The Department for Work and Pensions (DWP) has now shared an update of the payments and when we can expect to find out who is entitled to claim them.
New information about from DWP on when millions of people across the country can expect to find out more details about eligibility criteria for cost of living payments due to be made in 2023/24 has been revealed. The next round of financial help is worth up to £1,350 in total for those on a low-income, people claiming disability benefits and pensioner households.
To date, DWP has only confirmed the payment schedule for the £900 means-tested payment, which will be made in three lump sums of £301, £300 and £399, the £150 disability payment and £300 pensioner payment. According to Nottinghamshire Live sister publication, Daily Record, the first payment of £301 for around eight million people on a low income claiming Universal Credit, Pension Credit and other means-tested benefits will land in bank accounts this Spring.