It will support millions of people
The DWP has said it will be informing benefit claimants ahead of the Cost of Living Payments that are set to be made from Spring. A £900 payment will be paid to those on means-tested benefits in three instalments this year, with the first £301 payment taking place this Spring, although the DWP is yet to announce the dates of when this will take place.
A DWP spokesperson said: “We will confirm the exact payment window for the £301 Cost of Living Payment ahead of payments beginning.”Millions of people will be eligible to receive the payment, including those on Universal Credit, Pension Credit and tax credits, which starts in Spring and will go direct to bank accounts in three payments over the course of the financial year.
It also confirms the cost of living payments will have the “same set of qualifying benefits as previously” and, as before, some households will qualify for more than one type of payment.
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