£300 cost-of-living payment for eligible households to be given out in coming weeks

A £300 cost-of-living payment will be paid out to eligible households in the coming weeks

More than 420,000 low-income households in Wales are set to receive a £300 cost-of-living payment in the coming weeks.

From Tuesday October 31, the UK Government payment will start entering the bank accounts of eligible recipients on means-tested benefits.

Who is eligible for the payment?

To be eligible for the cost-of-living Payment from DWP, you need to have been entitled to a payment for a qualifying benefit between August 18, 2023 and September 17, 2023, or payment for an assessment period, ending between these dates.

The eligible benefits are:

Universal Credit;
Pension Credit;
Income-based Jobseekers Allowance;
Income-related Employment and Support Allowance;
Income Support;
Working Tax Credit;
Child Tax Credit.

Source: UK Government

The payments will be staggered over the next few weeks, the UK Government has said, with those entitled to the payment not needing to apply.

This is the second of up to three payments issued by the UK Government this year, totalling up to £900 through 2023/24.

A further cost-of-living payment will be made to eligible households by spring 2024, while eligible disabled people and pensioners will also receive further support.

Mel Stride MP, secretary of state for work and pensions, said the UK Government is “protecting the most vulnerable households from high prices”.

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