Households set to receive £299 cost of living payments from Tuesday

Payments will be made across the UK by the Department for Work and Pensions between February 6 and 22.

Households on low incomes will start to receive a £299 cost-of-living payment from Tuesday.

Payments will be made across the UK by the Department for Work and Pensions (DWP) between February 6 and 22.

It is the third of up to three payments totalling up to £900 paid to eligible households on means-tested benefits over 2023/24 and comes as part of a support package that has been helping households since autumn 2021.

Households receiving tax credits only will receive payments from HM Revenue and Customs (HMRC) between February 16 and 22.

The payments will be sent out automatically and recipients do not need to apply to receive them.

UK Government minister for Scotland John Lamont said: “This crucial cost of living payment will benefit more than 680,000 people across Scotland.”

Mel Stride, secretary of state for work and pensions, said: “The economy has turned a corner, and with inflation falling we are providing millions of the most vulnerable households with another significant cash boost.”

The UK Government said it will continue to support vulnerable people with the cost of living from April by uprating benefits in line with inflation by 6.7% and maintaining the triple lock and increasing the state pension by 8.5%, among other measures.

People can check the Help for Households website to see what cost-of-living schemes are available.

According to figures released by the Insolvency Service last week, the number of people needing breathing space from their debts jumped by 25% in 2023 compared with the previous year.

A standard breathing space is available to people with problem debt and gives legal protections from creditor action for up to 60 days.

A mental health crisis breathing space is available to someone who is receiving mental health crisis treatment.

It lasts as long as the person’s mental health crisis treatment, plus 30 days.

STV News is now on WhatsApp

Get all the latest news from around the country

Follow STV News
Follow STV News on WhatsApp

Scan the QR code on your mobile device for all the latest news from around the country

WhatsApp channel QR Code