Some Universal Credit claimants may not qualify for new £301 cost of living payment due this Spring
dailyrecord.co.ukThe Department for Work and Pensions (DWP) recently announced the payment schedule for the next wave of cost of living support worth up to £1,350 for those on a low-income, people claiming disability benefits and pensioner households.
The DWP also confirmed that the new £900 cash payment for over eight million people on eligible means-tested benefits will be made in three instalments - two this year and one in 2024.Claimants on qualifying benefits including Universal Credit and Pension Credit will see the first payment for £301 land in their bank accounts automatically this Spring.
DWP explained that the £900 payment will be made up of three slightly different amounts (£301, £300, £299), relating to specific qualifying periods, making it simpler to determine if someone has received the correct payment.
However, not everyone on Universal Credit will receive the first payment of £301. DWP guidance explains that claimants will not be eligible for any cost of living payment if their Universal Credit is reduced to £0 for the qualifying assessment period - often referred to as a ‘nil award’.
Read more on dailyrecord.co.uk