October £299 DWP Cost of Living Payment: Eligibility, Dates, Application Process & Fact

£299 DWP Cost of Living Payment October 2024: As we all know that a three-time cost-of-living payment of £900 was declared by the Department of Work and Pensions to be given to low- and moderate-income UK citizens. The UK government has declared the sum of £299 represents the third installment of a £900 cash boost.

However, the UK government offers further financial support in the form of Working Tax Credits, Universal Credit, Attendance Allowance, Pension Credits, and many more. These credits are all intended to relieve low-income UK individuals of their financial burden by providing a cost-of-living adjustment.

299 DWP Cost of Living Payment
October £299 DWP Cost of Living Payment: Eligibility, Dates, Application Process & Fact

299 DWP Cost of Living Payment Highlights

Title of the ArticleDWP Cost-of-living payment 2024
NationUnited Kingdom
Administered byDepartment for Work and Pensions
BenefitsCost-of-living benefit payment
BeneficiariesLow-income families, disabled individuals suffering because of inflation
Payment Amount£299
Date of the PaymentOctober 2024
Official Portalhttps://www.gov.uk/

£299 DWP Cost of Living Payment Eligibility

In order to be eligible for the cost-of-living payment in 2024, claimants must fulfill the requirements listed below:

  1. A National Insurance Number (NIN) is required for each individual.
  2. People must be living permanently in the United Kingdom.
  3. Applicants must be receiving one of the benefits listed below the cost of living.
  4. Child Tax Credit
  5. Pension Credit
  6. Pension Credit Jobseeker’s Allowance which is based on Income
  7. Credit for Working Class
  8. Universal Credit
  9. Income Support
  10. Universal Credit Income Support Employment Relating to Income and Support Allowance
  11. It is not necessary for anyone who is currently receiving any of the abovementioned benefits to reapply for the cost-of-living payment. The DWP will directly credit the sum to the beneficiary’s bank account.

Dates of Payment for Living Expenses Benefit

A schedule of cost-of-living payments was produced by the Department of Work and Pensions. The disabled, low-income individuals and recipients of winter fuel are eligible for additional benefits in addition to the three installment amount. The following lists the dates:

  • The initial payment of three was made from April 25, 2023 to May 17, 2023. £301 was the initial payment amount.
  • £150 was paid in disability benefits between June 20 and July 4, 2023.
  • The subsequent £300 payment was made from October 31, 2023, to November 19, 2023.
  • A £300 Tax Credit Benefit was received between November 10 and November 19, 2023.
  • The third and final payment of £299 was made in February 2024.
  • The cost-of-living allowance and other benefits are distributed based on eligibility and income.

Application Procedure for DWP Cost-of-living Payment October 2024

Here we are providing the process to apply for the Cost-of-Living payment application for the month of October 2024:

Step 1:First of all, you have to visit the government’s official website www.gov.uk/.

Step 2: After that, on the home page, you have to click on the application link.

Step 3: After that, you have to fill the information as asked and then upload the documents.

Step 4: After receiving the application, the authority will check the complete application.

Step 5: After completing the process, you will receive the £299 DWP Cost of Living Payment direct to your bank accounts on the scheduled date.

Author

  • Hari Krishnan

    Hello Friends I am writing since 2020. I have done MBA in Finance, and worked in one of the top Private Bank. Currently i am fully focusing on writing Finance related information. My aim is to provide correct and useful data to all of you. If You find any mistake or misinformation in my articles then you can contact me.

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