Chancellor Rishi Sunak has outlined a series of measures, including a £15 billion emergency package, to assist alleviate the present cost-of-living problem.
Just two months after his previous big-spending pledge, he made a U-turn, saying he’ll levy a windfall tax on oil and gas companies to pay for additional expenditure.
In addition to increasing taxation, the chancellor aims to provide targeted assistance to those who need it the most, with a special emphasis on retirees, who spend the majority of their time at home and struggle to pay skyrocketing heating costs on low incomes.
“From the fall, we will give almost eight million retiree families that get the winter fuel payment an additional one-off pensioner cost-of-living payment of £300,” Mr. Sunak said in the Commons.
This means that over 8 million retirees will get an additional £300 to assist offset the expense of increasing energy costs.
What Is the Cost of Winter Fuel?
The Winter Fuel Payment, sometimes known as a “heating allowance,” is a tax-free payment made by the Department of Work and Pensions each year. Anyone who qualifies may earn a yearly payment of £100-300.
The government has not yet posted claimant forms for winter 2022-2023, but they do mention that retirees may apply for the winter heating payment beginning August 1, 2022.
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When will the additional £300 be received?
Pensioners will get the additional £300 winter fuel allowance payment by Autumn 2022, according to Rishi Sunak, who pledged it in the Commons.
The majority of winter fuel payments were paid automatically between November and December last year, with the last lump amounts arriving no later than 14 January 2022.
Who Is Eligible for Winter Fuel Assistance?
Those born on or before September 26, 1955, are eligible for the winter fuel payment. You must have the following items, according to the government website:
stayed in the UK on at least one day during the ‘qualifying week’, which runs from September 20 to September 26, 2021.
Provided you were not in the UK during the qualifying week, you may still be eligible for the payment if both of the following conditions are met: You reside in Switzerland or are a member of the European Economic Area (EEA).
You have a real and adequate connection to the United Kingdom, such as having lived or worked in the country or having relatives there.
If you are qualified for the winter fuel payment, you do not need to apply. The money should be sent to you automatically.
If you haven’t received the money previously, you only need to file a claim if any of the following conditions apply:
You Are Not Entitled to Any Benefits or A State Pension.
Housing benefits, Council Tax Reduction, Child benefits, or Universal Credit are the only benefits you get.
If you reside in Switzerland or are an EEA member and receive benefits or a State Pension,
If you have any questions or want to make adjustments to your payments, contact the winter fuel payment system online, by phone, or by mail.