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Reading: 💰Get Up to £1,100 Now for Winter 💸
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Jacks Money > Market > Money > 💰Get Up to £1,100 Now for Winter 💸
Money

💰Get Up to £1,100 Now for Winter 💸

Jacks Money
Last updated: 2023/12/02 at 7:41 AM
Jacks Money Published 16 November 2023
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Cornwall households can expect a welcome financial boost from the UK Government just in time for Christmas. The Department for Work and Pensions (DWP) is set to distribute payments totaling over £1,100 to eligible groups, aimed at helping families cope with the challenges of colder weather and higher energy bills. These payments, some of which are new and one-off, while others are distributed annually, come as a relief for many struggling with winter expenses.

Get Up to £1,100
Get Up to £1,100

One of the significant payments is the second installment of the cost of living payments for the 2023-2024 period, totaling £300. These payments will be made this autumn and are accessible to individuals claiming specific DWP or HMRC benefits, 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. While the exact payment date hasn’t been announced, historically, these payments have been made in November, following a qualifying period typically between late August and late September.

Another crucial assistance program is the Winter Fuel Payment, ranging from £100 to £300, designed for individuals born before September 24, 1957, who have lived in the UK for at least one day during the qualifying week of 18 to 24 September 2023. This payment, normally distributed in November or December, offers substantial help to households, with some eligible families receiving up to £600 in total support. While some households need to actively claim this payment, the deadline for claims usually extends until the end of March.

Additionally, pensioner households entitled to the Winter Fuel Payment will receive an extra £300 automatically, enhancing their winter support. For those facing exceptionally cold weather, the Cold Weather Payment scheme provides £25 for each seven-day period when temperatures drop below zero degrees. Eligible recipients must be claiming specific benefits, including Pension Credit, Income Support, Income-based Jobseeker’s Allowance, Income-related Employment and Support Allowance, Universal Credit, or Support for Mortgage Interest. These payments are made automatically within 14 working days for each qualifying period of freezing weather.

Moreover, the Warm Home Discount scheme offers a £150 reduction on electricity bills for winter 2023/24. While this amount is not provided as a cash payment, it is directly applied to the energy account by the supplier. To qualify for this discount, individuals must fall into one of two core groups in England and Wales. Core Group 1 includes those receiving the Guarantee Credit element of Pension Credit, while Core Group 2 comprises individuals with low income, receiving specific means-tested benefits.

These initiatives aim to alleviate the financial burden on households, ensuring that vulnerable groups have the necessary support to manage the challenges posed by colder weather and increased energy expenses. As winter approaches, these payments are expected to provide much-needed relief to families across Cornwall, promoting financial stability and security during the holiday season.

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