Cost of Living payment 2023 latest — Over ‘eight million households’ set to receive DWP cash boost – are you eligible?
OVER ‘EIGHT million households’ will begin receiving the first £301 Cost of Living Payment next month the Department for Work and Pensions has announced.
The DWP has now confirmed Brits on certain benefits, including Universal Credit, will receive the £301 directly into their bank accounts between April 25 and May 17.
This is the first of three payments totalling up to £900 for those eligible.
The first Cost of Living payment will be sent out automatically and directly to recipients, meaning those eligible do not need to apply or do anything to receive it.
Those eligible need to have received either Universal Credit, Income-based Jobseekers Allowance, Income-related Employment and Support Allowance, Income Support, Working Tax Credit, Child Tax Credit or Pension credit between 26 January and 25 February 2023.
Read our Cost of Living blog below for the latest updates…
What benefits do you need to be on to be eligible?
The full list of benefits that qualify people for the payment is:
- Universal Credit
- Income-based Jobseekers Allowance
- Income-related Employment and Support Allowance
- Income Support
- Working Tax Credit
- Child Tax Credit
- Pension credit
If you were receiving any of the above benefits between January 26 and February 25 this year you will receive the £301 payment.
Exact date £301 cost of living payment will be paid
Millions of households will receive £301 in free cash from April, the government has said.
The Department for Work and Pensions has now confirmed the dates when the first instalment of the £900 cost of living payment will be made.
Millions of households on certain benefits, including Universal Credit, will receive the £301 directly into their bank accounts between April 25 and May 17.
Those eligible for the tax-free payment won’t have to do anything as it will be made automatically.