{"id":68023,"date":"2023-10-22T13:56:04","date_gmt":"2023-10-22T13:56:04","guid":{"rendered":"https:\/\/newcelebworld.com\/?p=68023"},"modified":"2023-10-22T13:56:04","modified_gmt":"2023-10-22T13:56:04","slug":"millions-of-households-to-start-receiving-300-tax-free-cash-within-days-are-you-eligible-the-sun","status":"publish","type":"post","link":"https:\/\/newcelebworld.com\/lifestyle\/millions-of-households-to-start-receiving-300-tax-free-cash-within-days-are-you-eligible-the-sun\/","title":{"rendered":"Millions of households to start receiving \u00a3300 tax-free cash within DAYS – are you eligible? | The Sun"},"content":{"rendered":"
MILLIONS of households will start receiving a tax-free payment worth \u00a3300 within days.<\/p>\n
The cost of living payment from the Government is being made to Brits on certain benefits including Universal Credit.<\/p>\n
<\/p>\n
Those eligible won't have to do anything as it will land in accounts automatically between October 31 and November 19.<\/p>\n
The tax-free cash will show up in bank statements as your National Insurance number followed by either DWP COL or HMRC COLS.<\/p>\n
Households on tax credits eligible for the payment will receive it from HMRC instead of the DWP between November 10 and 19.<\/p>\n
This is to ensure those on other qualifying benefits and tax credits don't receive the same payment twice.<\/p>\n
The full list of benefits that qualify people is:<\/p>\n You need to have been entitled to one of the above between August 18 and September 17 to qualify for the \u00a3300 payment.<\/p>\n If you were later found to be entitled to any of the above benefits between the same dates you will also be eligible for the free cash.<\/p>\n <\/span><\/p>\n <\/span><\/p>\n <\/span><\/p>\n <\/span><\/p>\n The latest \u00a3300 payment is the second instalment of three totalling \u00a3900.<\/p>\n The first instalment worth \u00a3301 was paid this spring, while the third worth \u00a3299 is set to be paid before spring 2024.<\/p>\n It comes after millions on the same benefits were issued a \u00a3650 payment in 2022.<\/p>\n It's worth noting, there are around 850,000 people not claiming Pension Credit when they could – and it makes you eligible for the \u00a3300 cost of living payment.<\/p>\n This is because you can backdate Pension Credit payments by up to three months.<\/p>\n So you could make a claim now and meet the qualifying period for the \u00a3300 cost of living payment.<\/p>\n But the Department for Work and Pensions (DWP) previously told The Sun households should put in a claim by December 10.<\/p>\n Any later than this, and it may not be able to process your application in time and any backdated claim may not meet the qualifying period for the \u00a3300 cost of living payment.<\/p>\n Millions of pensioners are in line for a bumper Winter Fuel Payment worth up to \u00a3600 in the coming months.<\/p>\n You qualify for the payment if you were born before September 25, 1957 and, in most cases, live in the UK.<\/p>\n You should receive a letter in October or November telling you how much you will get.<\/p>\n The vast majority of eligible households don't have to do anything and the tax-free payment will be made automatically.<\/p>\n You do not need to claim if you get any of the following:<\/p>\n If you do not get any of these, you need to claim if either:<\/p>\n You may also need to claim even if you are on one of the above benefits and you live abroad.<\/p>\n Check out the Government's website for more details on countries where you can live and still claim the payment.<\/p>\n Any Winter Fuel Payments received won't impact any other benefit entitlements.<\/p>\n You may also be able to get help with the cost of living via the Household Support Fund, worth \u00a3842million.<\/p>\n The pot of money has been split between councils in England who are allocating their share.<\/p>\n That means what you can get varies, from direct bank transfers to energy or food vouchers.<\/p>\n Usually help is offered to households on a low income or benefits.<\/p>\n If this is you, it's worth getting in touch with your local council to see what you might be eligible for.<\/p>\n You can find what council authority you fall under by using the Government's locator tool online.<\/p>\n Do you have a money problem that needs sorting? Get in touch by emailing\u00a0money-sm@news.co.uk<\/strong>.<\/p>\n You can also join our new Sun Money Facebook group to share stories and tips and engage with the consumer team and other group\u00a0members.<\/strong><\/p>\n<\/picture>POT LUCK <\/span><\/p>\n
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