Pensioner Cost of Living Payment
07/12/2023

The Cost of Living support package has been designed to help over 8 million households in receipt of mean tested benefits. The details for Cost of Living Payments due in the 2023-24 tax year were published earlier this year and have recently been updated.

Eligible recipients will receive up to three Cost of Living Payments of £301, £300 and £299 during the course of the current tax-year. This includes those receiving pension credit and these payments will be made separately from other benefit payments. The first payment of £301 was made between April-May 2023 and the second payment of £300 was paid during August-September 2023. The third payment of £299 is due to be paid during spring 2024.

An additional one-off payment of £150 or £300 will be paid to pensioners during winter 2023-24. The Winter Fuel Payment is provided by the government to help older people keep warm during winter. The amount a pensioner will receive depends on a number of factors including their age and the age of other people living with them. You can receive a Winter Fuel Payment for winter 2023-24 if you were born before 25 September 1957. HMRC completed writing to eligible recipients, at the end of November, telling them how much to expect as their payment.


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01322 616734

mike@riddingtons.co.uk

Riddingtons Ltd

The Old Barn, Wood Street
Swanley Village, Swanley
Kent
BR8 7PA

 

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