When will you receive the fee of living payments?

Isobel Lawrance


seventeenth Jul 2023

Reading Time: 3 minutes

When you’re on many sorts of advantages you’re probably wondering ‘when will I receive my cost of living payments?’

Within the 2022 Autumn Statement, Chancellor Jeremy Hunt unveiled cost of living help for thousands and thousands across the UK. It was revealed people would receive as much as £1,350 directly into their bank accounts, ranging from spring of this yr. 

The price-of-living payments announced by Mr Hunt include a £900 sum for those on advantages, £300 for pensioners and £150 for those with disabilities. It’s unlikely that households will qualify for all three payments. Nevertheless, when you do, you’ll mechanically be paid the total amount of £1,350. 

When you claim pension credit, attendance allowance and are eligible for the winter fuel payment, you’ll receive the quantity in full, directly into your checking account. You do not want to ask for the assistance – the Department for Work and Pensions (DWP) will get in contact with you. 

Eligibility requirements, bank codes to search for in your bank statement and exact dates for the payments shall be announced nearer to spring time. All payments are tax-free and don’t count toward your advantages cap. This implies it’ll not have an effect on the advantages you receive. 

Spring

From spring of this yr, the primary £300 of the £900 cost of living payment was paid directly into claimants’ bank accounts. The payment was split into three instalments. Over eight million people may have received this into their bank accounts. 

To be eligible, households will need to have been claiming at the very least one among the next advantages: 

• Income-based Jobseeker’s Allowance 
• Income-related Employment and Support Allowance 
• Income Support 
• Pension Credit 
• Tax Credits (Child Tax Credit and Working Tax Credit) 
• Housing Profit 
• Social Fund (Sure Start Maternity Grant, Funeral Payment, Cold Weather Payment) 
• Universal Credit 

Summer

Over six million individuals with disabilities across the UK will receive a payment of £150 through the warmer months. As of yet, it’s unknown what the precise eligibility criteria or date shall be. Nevertheless, the previous £150 cost of living payments were available to those receiving at the very least one among the next: 

• Attendance Allowance 
• Constant Attendance Allowance 
• Disability Living Allowance for adults 
• Disability Living Allowance for kids 
• Personal Independence Payment 
• Adult Disability Payment (in Scotland) 
• Child Disability Payment (in Scotland) 
• Armed Forces Independence Payment 
• War Pension Mobility Complement 

August Bank Holiday

The same old state pension support will even be going out in August. The August Bank Holiday on Monday 28, nonetheless, means those expecting to receive payment on this date can expect it to be paid them a working day earlier – likely Friday 25 August.

This will even apply to those expecting to receive the next in August:

Autumn

Because the weather turns chilly again, the second £300 cost of living payment shall be paid to those eligible. Exact dates to be released in the end. 

Winter

Across the UK, thousands and thousands of pensioners will receive one other £300 payment. It remains to be unknown whether households will qualify for this payment if they typically receive the Winter Fuel Payment. 

Previously, you qualified for the last Pensioner Cost of Living payment if: 

• You were born on or before September 25, 1956 
• You lived within the UK for at the very least at some point through the week of September 2022 (ie September 19 to 25, 2022) in what’s referred to as the ‘qualifying week’. 

Spring 2024

Next spring – even though it seems a lifetime away – an additional £299 cost of living payment shall be made.

Further details for qualifying criteria shall be announced nearer the time, in keeping with the DWP.