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How you could claim new cost of living payments of up to £1,100 as more help coming for households in Autumn Statement
How you could claim new cost of living payments of up to £1,100 as more help coming for households in Autumn Statement
Published on November 16, 2022 at 09:44 AM
CHANCELLOR Jeremy Hunt is expected to unveil new cost of living payments of up to £1,100 in the Autumn Statement.
The statement, coming tomorrow, could put the the most hard-up households in line for a cash boost.
Households could be in line for up to £1,100 in new cost of living payments
Under the government’s plans, it is expected benefit claimants will get £650, poor pensioners will get £300 and there will be another £150 disability payment.
This means households could be in for a extra £1,100 in cash to help with soaring energy bills and the rising cost of living.
Eight million households claiming benefits, such as Universal Credit and Income support, currently get cost of living payments worth up to £650.
But eligibility criteria could change under any new rules.
During the budget, the Chancellor is also set to raise the National Living Wage to £10.40 as well as hiking pensions and benefits by 10.1% with inflation.
The scheme is where eligible households can get £150 off their electricity bill each winter â but you’ll have to wait until the colder months to get the money off.
Households in England and Wales don’t need to apply to get the cash and they’ll automatically qualify if they are receiving certain benefits.
You can read more about who’s eligible here.
There’s a few hardship funds you might be entitled to through you energy supplier.
Contact them and ask to see what is available, though the application process is very in-depth.