The UK Government recently announced a series of new cost of living payments to help millions of households across the country mitigate soaring inflation and ever-increasing energy bills.
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.This means that millions of households across the UK will be supported by additional cost of living payments.
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, but the guidance on 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.More than eight million UK households on means-tested benefits will receive an additional cost of living payment of £900 in 2023-24.This includes all households receiving the following benefits: The Department for Work and Pensions (DWP) and HM Revenue and Customs (HMRC) will issue further details on timings of these payments and eligibility dates in due course.
This payment will be tax-free, will not count towards the benefit cap, and will not have any impact on existing benefit awards.More than eight million pensioner households across the UK will receive an additional £300 cost of living payment in 2023-24.This is in addition to the means-tested benefit and disability payments, if eligible, which could give them a total income boost of £1,350.The Uk Government
Read more on dailyrecord.co.uk
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.