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Households ought to begin to obtain the third £299 cost-of-living fee from immediately.
It’s the third of as much as three funds totalling as much as £900 paid to eligible households on means-tested advantages over 2023/24 and comes as a part of a assist package deal that has been serving to households since autumn 2021.
Funds will likely be made throughout the UK by the Division for Work and Pensions (DWP) between February 6 and 22.
Households receiving tax credit solely will obtain funds from HM Income and Customs (HMRC) between February 16 and 22.
The funds will likely be despatched out robotically and recipients don’t want to use to obtain them.
Mel Stride, Secretary of State for Work and Pensions, stated: “The economic system has turned a nook, and with inflation falling we’re offering tens of millions of essentially the most weak households with one other vital money increase.”
Who receives the price of dwelling fee?
You might be entitled to as much as 3 Price of Dwelling Funds of £301, £300 and £299 if you happen to get any of the next advantages or tax credit on sure dates:
The fee will likely be made individually out of your profit funds.
The UK Authorities stated it is going to proceed to assist weak folks with the price of dwelling from April by uprating advantages in step with inflation by 6.7% and sustaining the triple lock and rising the state pension by 8.5%, amongst different measures.
Folks can verify the Assist for Households web site to see what cost-of-living schemes can be found.
In keeping with figures launched by the Insolvency Service final week, the variety of folks needing respiration area from their money owed jumped by 25% in 2023 in contrast with the earlier yr.
Throughout England and Wales, there have been 88,390 registered respiration areas in 2023, comprised of 86,928 customary and 1,462 psychological well being respiration area registrations, the Insolvency Service stated.
Mel Stride, Secretary of State for Work and Pensions
(PA)
A regular respiration area is obtainable to folks with downside debt and provides authorized protections from creditor motion for as much as 60 days.
A psychological well being disaster respiration area is obtainable to somebody who’s receiving psychological well being disaster remedy.
It lasts so long as the particular person’s psychological well being disaster remedy, plus 30 days.
What to do if you happen to haven’t obtained your price of dwelling fee:
Should you had been anticipating one of many following Price of Dwelling Funds however haven’t obtained it, you possibly can report it as lacking right here.
Earlier than reporting a lacking fee, verify your financial institution, constructing society or credit score union account, or your Cost Exception Service voucher receipt. The fee will likely be made individually out of your profit.
What different winter advantages are there?
There are three key assist schemes out there to folks as chilly climate hits within the winter months:
Chilly Climate Funds
A chilly snap at the beginning of the yr noticed many postcodes qualify for the Chilly Climate Cost. Should you dwell in an space that has expertise seven or extra days of temperatures at or beneath zero, you might be eligible for £25 for each seven days of chilly. In Scotland, this scheme was lately changed with the Winter Heating Cost.
Heat Residence Low cost
In case you are on a low-income and have excessive vitality prices, you may get a one-off £150 fee to assist along with your payments. Additionally, you will qualify if you happen to get the Assure Credit score ingredient of Pension Credit score. The low cost must be utilized to yoru vitality payments between October 2023 and March 2024. The scheme works barely otherwise for Scottish candidates.
You must obtain a letter in January 2024 if you happen to is perhaps eligible. If you don’t, it’s best to contact the DWP earlier than 29 February 2024.
Winter Gasoline Cost
You’ll robotically qualify for this if you’re over the state pension age (66 years previous) and dwell within the UK. The low cost grants you between £250 and £600 to assist pay your heating payments. You don’t want to use if you happen to at present obtain a state pension, or most different advantages. If you don’t, it’s possible you’ll want to use.
The low cost cash ought to have robotically entered your account in October or November.
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