New change to £299 Spring cost of living payment for millions of people due money next year
30.11.2023 - 15:05
/ dailyrecord.co.uk
More than 8 million people across Scotland, England and Wales received a £300 cost of living payment from the Department for Work and Pensions (DWP) or HM Revenue and Customs (HMRC) between October 31 and November 19, 2023. The second part of the £900 means-tested cost of living payment provided a financial boost for those on Universal Credit, Pension Credit, Tax Credits and other income-related benefits.
However, the DWP has announced that the third and final part of the means-tested cost of living support - worth £299 - will see millions of people on a low income receive the money sooner than previously expected. The official cost of living payment guidance on GOV.UK has been updated to reflect that the £299 lump sum will now be made ‘by Spring 2024’ and not ‘Spring 2024’.
This change could see eligible people receive the £299 payment before the start of March - depending on which definition of Spring the DWP is referring to.
Meteorological Spring
Astronomical Spring
Either date will see eligible claimants receive the money earlier than anticipated.
People can now report the £300 payment missing through the online portal on the ‘Find out how to report a missing Cost of Living Payment’ page on GOV.UK, which already includes information for the previous two cost of living payments made in 2023 - the £301 means-tested payment and £150 disability cost of living payment.
The guidance states you will need your National Insurance number to hand before starting the short process.
It also advises: “Before reporting a missing payment, check your bank, building society or credit union account, or your Payment Exception Service voucher receipt. The payment will be made separately from your benefit.”
The money would have appeared
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