Cold Weather Payment: Is Cold Weather Payment taxable? | Personal Finance | Finance

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Cold Weather Payments are a state-run scheme which help thousands of Britons each year with larger heating bills come winter. As the temperatures dip, we rely more and more on the heating – but this can cause monthly bills to increase dramatically.

To avoid fuel poverty, and to help those who need it most, there are several schemes in place to help with the cost of heating during the winter months.

These are given out depending on age, location, any benefits already paid and other circumstances.

One such scheme is the Cold Weather Payment, which is paid to thousands of Britons each year.

You may be eligible for Cold Weather Payment if you receive certain benefits or Support for Mortgage Interest.

Read More: Universal Credit: What is the Flexible Support Fund? How do you apply?

In the coming days, temperatures are forecast to drop, and may potentially reach below 0C.

However, for a Cold Weather Payment to be made, temperatures would have to remain at this level for seven consecutive days.

The cold weather may not last long, which means a Cold Weather Payment may not be issued.

To check if you are owed a Cold Weather Payment, you can visit the Government’s designated website here.

There, you can pop in your postcode and find out whether your area has reached the threshold for Cold Weather Payments.

Tell your pension centre or Jobcentre Plus office if you go into hospital – this could affect your payment.

If you’re getting Universal Credit, sign in to your account and add a note to your journal.

This will give the number of Cold Weather Payments due from the start of the period – which is November 1, 2020.




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