January 2023 - Cost of living payments 2023 to 2024

04/01/2023

The government has announced its schedule for issuing the 2023 to 2024 cost of living payments.

Low income households will receive £900 paid in three instalments across the year, while the £150 disability payment will be made in the summer and the £300 pensioner payment in the winter.

The Department of Works and Pensions (DWP) has confirmed that the schedule for payments will be -

First cost of living payment of £301 issued during spring 2023

£150 disability payment issued during summer 2023

Second cost of living payment of £300 issued during autumn 2023

£300 pensioner payment issued during winter 2023/2024 and

Third cost of living payment of £299 issued during spring 2024

Eligible individuals will be paid automatically, there will be no need to apply. Claimants who are eligible for any of the cost of living payments and receive tax credits, and no other means-tested benefits, will receive payment from HMRC shortly after DWP payments are issued.

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