Cost of Living Payments during 2023/24

As part of his Autumn Statement in November 2022, Chancellor Jeremy Hunt announced that, following the 2022/2023 cost of living payments, further payments would be made across the UK in 2023/2024.

Extra support will be provided for over eight million eligible means-tested benefits claimants, including those on Universal Credit, Pension Credit and tax credits.

Staring in the spring, these sums will be paid directly to bank accounts in three payments over the course of the financial year. There will also be a separate £150 for over six million disabled people and £300 for over eight million pensioners on top of their Winter Fuel Payments.

Exact payment windows will be announced closer to the time and will be spread across a longer period to ensure a consistent support offering throughout the year.

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