10.8 C
New York

Pensioners to get extra £300 to assist with cost of living – when to expect the payment | Personal Finance | Finance

Published:

The money boost will help older Britons make ends meet as energy bills are set to rise again going into the colder months. The one-off payment will likely be arriving in pensioners’ bank accounts this winter as a part of the Winter Fuel Payment.

Most payments will likely be issued mechanically, in November and December, with recipients to get a letter to advise how much they may receive.

The tax-free payment will vary between £150 and £300 depending on an individual’s situation.

Those that don’t get a letter or the cash paid into their account by January 13, 2023, can contact the Winter Fuel Payment Centre.

To be eligible for the Winter Fuel Payment, an individual should have been born on or before September 25, 1956.

READ MORE: State pension set to rise next 12 months but 520,000 people will miss out

An individual qualifies and lives with someone (not their partner) who qualifies, and either of them gets one in every of the advantages

  • Born between September 25, 1942 and September 25, 1956: £500 – they may each get the payment
  • Born on or before September 25, 1942: £600 – they may each get the payment

A one who lives in a care home and get one in every of the advantages

  • Born between September 25, 1942 and September 25, 1956: Nil
  • Born on or before September 25, 1942: Nil.
sportinbits@gmail.com
sportinbits@gmail.comhttps://sportinbits.com
Get the latest Sports Updates (Soccer, NBA, NFL, Hockey, Racing, etc.) and Breaking News From the United States, United Kingdom, and all around the world.

Related articles

spot_img

Recent articles

spot_img