£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 Highlights
Title of the Article | DWP Cost-of-living payment 2024 |
Nation | United Kingdom |
Administered by | Department for Work and Pensions |
Benefits | Cost-of-living benefit payment |
Beneficiaries | Low-income families, disabled individuals suffering because of inflation |
Payment Amount | £299 |
Date of the Payment | October 2024 |
Official Portal | https://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:
- A National Insurance Number (NIN) is required for each individual.
- People must be living permanently in the United Kingdom.
- Applicants must be receiving one of the benefits listed below the cost of living.
- Child Tax Credit
- Pension Credit
- Pension Credit Jobseeker’s Allowance which is based on Income
- Credit for Working Class
- Universal Credit
- Income Support
- Universal Credit Income Support Employment Relating to Income and Support Allowance
- 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.