Cost of Living payment London: DWP confirms dates for £301 instalment this spring
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The Department for Work and Pensions (DWP) has confirmed the spring dates for this year’s cost of living payments. The first instalment of the 2023 payments is set to hit bank accounts from April.
As part of the 2023 cost of living payments, there will be a £900 cash boost for those who get particular benefits or tax credits, including income-based jobseeker’s allowance, income-related employment and support allowance, income support, pension credit, universal credit, child tax credit and working tax credit.
The £900 sum will be paid in three instalments, the first being £301 which will be followed by two other payments of £300 and £299. Details for this year’s support pay were confirmed earlier this year when it was announced payments would be expected to roll out this spring.
With the season now upon us, the DWP has confirmed the window of dates in which eligible recipients can expect to get their first instalment.
We break down when the spring cost of living payments are set to appear in bank accounts as well as when the other instalments will be paid.
When Cost of Living payments will hit London
According to the UK government website, if you’re entitled you will be paid on the following dates:
- £301 paid between April 25, 2023 and May 17, 2023 for most people on DWP benefits
- £300 paid during autumn 2023 for most people
- £299 paid during spring 2024 for most people
There are no rules on what the payment should be spent on.
Who is eligible for the Cost of Living payment?
A household may be eligible for the £900 Cost of Living payments if it receives any of the following benefits:
- Universal Credit
- Income-based Jobseekers Allowance
- Income-related Employment and Support Allowance
- Income Support
- Working tax credit
- Child tax credit
- Pension credit
For more information, visit the Government website.