900 Cost of Living Eligibility: Here are details

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900 Cost of Living Eligibility: Here are details

If you are looking for web articles to find out what are the criteria factors to be eligible for cost of living support, then this is one stop for you. In this article, we are going to discuss the latest announcement made by Foreign Minister Jeremy Hunt. Chancellor Jeremy Hunt recently made a statement on the latest support for the cost of living during the Fall Statement in November. In the following sections of this article, we have also mentioned the words spoken by the chancellor. So, stay attached to this page and you need to go through the next sections of this article. Drag down the page and take a look below.

900 Cost of Living Eligibility

According to the latest announcement made by the chancellor, more than eight million Britons are eligible for cost-of-living support and will receive £900 in the spring of this year. As part of the latest cost of living support, more than eight million Britons are eligible to receive a £900 payment. Previously, the Department for Work and Pensions announced on January 3 that the amount will be paid in three installments and the money will be credited directly to the bank accounts of Britons over the course of the financial period, anyone claiming the following state benefits, based in income Jobseekers Allowance, Universal Credit, Income-Related Employment and Support Allowance, Child Tax Credit, Income Support, Work Tax Credit, and Pension Credit.

However, the dates of the last round of payments have not been confirmed, but the expected payment window is as follows

  • £301: first cost of living payment (during spring 2023)
  • £150 – Disability Pay (through summer 2023)
  • £300 – Second cost of living payment (during Autumn 2023)
  • £300 – Pensioner’s Payment (during winter 2023/24)
  • £299 – Third cost of living payment (during spring 2024)
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Mr Hunt said I know these are difficult times for families across the UK struggling to cope with rising food and energy costs, fueled by the aftershocks of Covid and Putin’s war on Ukraine. That’s why we’re putting an extra £900 in the pockets of more than eight million low-income households next year. These payments come on top of above-inflation increases in working-age benefits and the Energy Price Guarantee, which is protecting millions of people from even higher global gas prices.

Furthermore, he went on to say that the government’s top priority is tackling inflation and that this is the only option to alleviate the pressure of high prices, improve living standards and long-term economic growth. Mel Stride, Secretary for Work and Pensions, said we are keeping our promise to protect the most vulnerable and these payments, worth hundreds of pounds, will provide vital support next year for those on the lowest incomes.

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Source: condotel.edu.vn

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