These are the key dates and payments billpayers should keep an eye out for over the next four months
A number of one-off cash payments for families, pensioners and individuals are due to be made before end of 2023 to help with the cost of living.
Energy regulator Ofgem said the new cap on a unit of gas and electricity would reduce the average bill to £1,923 from October 1, from £2,074 per year. However despite falling wholesale energy prices making their way through to bills, households are still facing eye-watering costs that remain around 50% higher than two years ago.
State Pension uprating The Office for National Statistics will publish the earnings growth figures in mid-September which is frontfrunner for driving the annual uprate under of the Triple Lock Pension next April. The Triple Lock helps to ensure the level of uprating applied to the State Pension in the next financial year will be the highest between:
Universal Credit migration People receiving Tax Credit payments will begin the managed migration process to Universal Credit this month. Social Security Scotland said ensuring claimants submit an application before the deadline will mean “they don’t lose financial support”.
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