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The Cost of Living Payment is a one-off payment to help people on certain benefits with the extra costs associated with the pandemic. The payment is tax-free and will not affect other benefits. The payment is made automatically and you don’t need to claim it.
The first Cost of Living Payment for 2023/24 was paid in Spring 2023. If you were eligible for the payment, you should have received it by now. The qualifying period for this payment was between 26 January and 25 February 2023.
Further Cost of Living Payments will be made between Spring 2023 and Spring 2024. Most people should have received their 2022 Cost of Living Payment. If you were eligible, you’ll be paid automatically in the same way you usually get your benefit or tax credits.
The Cost of Living Payment is a one-off payment of £301 to help people on certain benefits with the cost of living. The payment is tax-free and will not affect other benefits. The qualifying period for this payment is between 26 January and 25 February 2023. To be eligible for the Cost of Living Payment, you need to have been entitled to a payment for one of these benefits between 26 January and 25 February 2023, or payment for an assessment period ending between these dates.
Most people should have received their 2022 Cost of Living Payment. If you were eligible, you’ll be paid automatically in the same way you usually get your benefit or tax credits. The cost-of-living adjustment (COLA) will begin with benefits payable to more than 65 million Social Security beneficiaries in January 2023. Increased payments to more than 7 million SSI beneficiaries will begin on December 30, 2022.
