Millions of Brit households set to get £300 cost of living payment within weeks

Brit households could get cost of living payments worth £900 over the next few months.

The money is being awarded to certain groups of people to help with rising bills.

Meanwhile the second and third cost of living payments for Brits on certain benefits worth £300 and £299 are due to be sent out.

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Exact dates are yet to be revealed but the £300 is expected in autumn 2023, with the £299 to follow in spring 2024.

In order to receive these cost of living payments, you need to be in receipt of certain benefits during a qualifying period.

So far this financial year, some 8.3million cost of living payments for £301 were made in May and June.

At the end of June and beginning of July, a further 6.4m payments for £150 were made to people claiming disability benefits.

Five payments are being made over this financial year:

  • £301: First part of the £900 means-tested payment was made over May and June

  • £150: Disability payment was paid over June and July

  • £300: Second part of the £900 means-tested payment is due this Autumn

  • £300: Pensioner payment will be added to 2023/24 Winter Fuel Payment

  • £299: Third part of the £900 means-tested payment is due in Spring 2024

The tax-free payment for £300 will be made in the autumn.

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Nobody needs to apply for any of these payments as they will be made automatically to eligible claimants.

The £300 payment will be given to eligible households receiving the following benefits:

  • Universal Credit

  • Income-based Jobseekers Allowance

  • Income-related Employment and Support Allowance

  • Income Support

  • Pension Credit

  • Working Tax Credit

  • Child Tax Credit

If you're getting Tax Credits from HMRC and a low income benefit from DWP, you will be paid by DWP only.

But if you're getting both Child Tax Credit and Working Tax Credit, you will receive the £300 for Child Tax Credit only, which will be paid by HMRC.

You will not get a payment if you are only getting:

  • New Style Employment and Support Allowance (ESA)

  • Contributory ESA

  • New Style Jobseeker's Allowance (JSA)

For more information, visit the GOV.UK website.

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