The £299 Cost of Living Payment, issued in February 2024, marked the conclusion of a £900 government support package aimed at helping low-income households manage rising living costs.
This guide breaks down the payment details, eligibility, and practical steps for managing finances while exploring ongoing and future assistance options.
What Is the £299 Cost of Living Payment?
The £299 Cost of Living Payment was part of the UK government’s strategy to alleviate financial burdens during the ongoing cost-of-living crisis.
It was the final installment in a series of payments made throughout 2023–24, totaling £900 in support for eligible households.
Payment Timeline
| Payment | Amount | Dates |
|---|---|---|
| First | £301 | April 25 – May 17, 2023 |
| Second | £300 | October 31 – November 19, 2023 |
| Third | £299 | February 6 – February 22, 2024 |
These payments were intended to help vulnerable households cover essential expenses, such as food, rent, and energy bills, particularly during colder months when energy costs peak.
Eligibility for the £299 Payment
To qualify for the £299 Cost of Living Payment, individuals must have been receiving specific means-tested benefits during a designated qualifying period.
Qualifying Benefits
- Universal Credit
- Income-Based Jobseeker’s Allowance (JSA)
- Income-Related Employment and Support Allowance (ESA)
- Income Support
- Pension Credit
- Child Tax Credit
- Working Tax Credit
What If You Didn’t Receive the Payment?
If you believe you were eligible but did not receive the payment:
- Contact the DWP helpline at 0800 916 0651.
- Provide your National Insurance number and proof of benefits.
Will There Be More Payments in 2024?
As of now, the £299 payment was the last scheduled installment in the £900 support package for 2023–24.
The government has not announced additional Cost of Living Payments for 2024. However, other support remains available:
Household Support Fund (HSF)
The Household Support Fund has been extended until April 2025, with an additional £500 million allocated to local councils.
- What It Offers: Cash grants, food vouchers, and help with energy bills.
- How to Apply: Contact your local council. Each council determines its own eligibility criteria, typically prioritizing households receiving benefits or facing financial hardship.
Find your council using the UK Government’s Council Finder.
How to Check Eligibility for Cost of Living Payments
Step 1: Verify Your Benefits
Log in to your DWP account or review correspondence to confirm that you received qualifying benefits during the designated period.
Step 2: Check the Qualifying Period
Eligibility for the £299 payment depended on benefits received during specific months in 2023. Visit the DWP official website for details.
Step 3: Contact the DWP
If your circumstances have changed or you’re unsure about eligibility, contact the DWP helpline for clarification.
Practical Tips to Manage Rising Costs
While government support helps, taking proactive measures to manage finances is essential.
1. Maximize Available Benefits
- Warm Home Discount: Reduces energy bills for eligible households.
- Housing Benefit: Helps with rent payments.
- Council Tax Reduction: Lowers council tax for qualifying individuals.
Check your eligibility for additional benefits using the EntitledTo Benefits Calculator.
2. Create a Budget
Use tools like the MoneyHelper Budget Planner to monitor expenses and identify savings opportunities.
3. Reduce Energy Costs
- Install energy-efficient appliances and LED bulbs.
- Take advantage of insulation grants through the Energy Company Obligation (ECO) scheme.
- Use smart meters to track and manage energy consumption.
Learn more about ECO grants on the Ofgem website.
4. Seek Support from Charities
Organizations like The Trussell Trust and Turn2us offer food banks, emergency financial support, and advice for managing bills.
Find a food bank through The Trussell Trust Locator.
5. Negotiate with Service Providers
If you’re struggling to pay bills:
- Contact utility companies to arrange payment plans.
- Explore hardship funds offered by energy suppliers or landlords.
The £299 Cost of Living Payment provided critical support for millions of UK households in February 2024.
Although no further payments are scheduled, programs like the Household Support Fund and practical strategies for budgeting and energy savings can help you navigate financial challenges.
Stay informed by visiting the DWP website and reaching out to local councils for additional support.
