January 19, 2024

DWP update - third 'Help for Households' cost of living payment

 

Millions of people on means-tested benefits will receive the third of 3 Cost of Living Payments, which taken together, could total up to £900 over this financial year 2023-2024.

The first 2023 payment of £301 was paid between 25 April and 17 May, the second payment of £300 was paid between 31 October and 19 November and the third payment of £299 will be paid between 6 and 22 February.

The payment is for people on a qualifying means-tested benefit, who were entitled to payment during the qualifying period 13 November to 12 December 2023, or a payment for an assessment period ending within the qualifying period. The qualifying benefits include: Universal Credit, Pension Credit, income-based Jobseeker’s Allowance (JSA), income-related Employment and Support Allowance (ESA), Income Support, and tax credits: Child Tax Credit and Working Tax Credit.

The Cost of Living Payment will be paid automatically, meaning those eligible do not need to apply or contact DWP or HMRC. It will be paid separately to benefit payments and the reference will appear in accounts with the account holder’s National Insurance number and 'DWP COL'.

For tax credit-only customers, the reference will appear in accounts as 'HMRC COLS', referencing Cost of Living Support.

To be eligible for this payment, you must have been entitled to a payment (or later found to be entitled to a payment) of either:

  • Universal Credit for an assessment period that ended on or within the period 13 November to 12 December 2023.
  • Income based JSA, income related ESA, Income Support, or Pension Credit, for any day in the period 13 November to 12 December 2023.
  • For tax credit-only customers, they must have received a payment of tax credits any day in the period 13 November to 12 December 2023. Find out more about the range of government support with the cost of living at Help for Households