How much will I get from the payment of living expenses?

How much will I get from the payment of living expenses?


British households will receive a £ 400 grant in October to help reduce the cost of spiraling energy bills as Chancellor Rishi Sunak has announced a significant increase in support for vulnerable households and the elderly.

Families are facing the biggest cost-of-living crisis in a generation – and most households will receive further support with today’s announcement, Mr Sunak said.

Households for the elderly, the disabled and low-income households will receive targeted support, and the payment for winter fuel will increase for pensioners this year. Other families will receive more support to pay for their skyrocketing energy bills.

pensioners

In the autumn, more than eight million pensioners who receive a winter fuel allowance will be paid a one-off £ 300 ‘living expenses’ payment. The chancellor said older people often pay higher energy bills because they spend more time at home and have the heating on for longer.

Payment will be made directly to households in the same way as they receive a winter fuel allowance.

Combined with an additional discount on energy bills, retirees are at least £ 500 better after today’s announcement. This year, they could receive a total of GBP 850, provided they qualified for the tax credit that was announced earlier in 2022.

Other households

Earlier this year, the Chancellor announced a £ 200 rebate on energy bills in October for all bill payers. But households would eventually have to pay for it next year. He also said that some households would receive a tax rebate of GBP 150, which would not need to be refunded.

However, it was announced today that no household will have to return the original GBP 200 rebate and the rebate has been doubled to GBP 400.

Invoice payers will not have to contact their energy company, as the grant will be automatically applied to every household bill in October.

Endangered people

More than eight million households currently receiving state benefits will be paid a one-off “living expenses” allowance of £ 650. Households will not have to fill in any forms and the payment will go directly to their bank accounts divided between July and autumn.

Meanwhile, six million people receiving a disability benefit will receive a one-off payment of £ 150 in September, which the chancellor says will help offset the additional electricity that many people with disabilities use for energy-intensive household appliances.

These direct cash payments will help one third of households and cost the government £ 9 billion. In total, vulnerable and low-income households will receive additional state aid of £ 1,200 this year.

.



Source link

Leave a Comment

Your email address will not be published.