Millions of households across the UK will be supported by additional cost of living payments next year.
The new cost of living support package is worth £26 billion in 2023-24, in addition to benefits uprating, which is worth £11 billion to working age households and people with disabilities. The payments are made up of £900 for people on an eligible low income benefit, £300 for pensioner households and £150 for people on an eligible disability benefit.
Details about qualifying periods and payment dates have not been announced yet. However, GOV.UK suggests that eligible benefits for each cost of living payment will remain the same as those made to over eight million on low-income benefits, six million on disability benefits and eight million pensioner households in 2022, reported the Daily Record.