Great news for UK households! The government is offering a free £140 payment to help families struggling with the cost of living.
This initiative is targeted at those with savings under £6,000. Let’s dive into the details of this financial support and see if you qualify.
Free £140 Cost of Living for People
The UK Government has announced a one-time £140 payment for families with savings below £6,000. This initiative aims to provide immediate relief to households facing financial difficulties. The payment is part of the expanded Household Support Fund, targeting citizens in Middlesbrough.
Who Can Apply?
Basic Eligibility
To be eligible for the £140 cost of living payment, you must meet the following criteria:
- Be responsible for Council Tax, mortgage, or rent for a property in Middlesbrough.
- Reside in the property in Middlesbrough.
- Have savings totaling less than £6,000.
Specific Groups
Applications are open to various groups, including:
- Families receiving benefits but without children
- Families not eligible for government benefits
- Households enrolled in benefits with children
- Retired families
Payment Details
Amounts Based on Household Status
The payment amounts vary depending on household composition:
| Household Type | Amount |
|---|---|
| Single | £37.50 |
| Married/Couples | £50.00 |
| Families with Children | £70.00 per child |
For instance, a single person can receive up to £37.50, while couples can claim up to £50. Families with children will receive a voucher worth £70 for each eligible child.
Extra Payment for Families with Children
For those without children but living as a couple, each partner could receive a gift card worth £70, offering significant relief from living expenses.
Application Process
How to Apply
Applications can be made by families and individuals meeting the eligibility criteria. Here’s what you need to do:
- Gather your financial documents to prove savings under £6,000.
- Ensure you meet the Council Tax, rent, or mortgage liability requirements.
- Submit your application online or via the relevant local authority office.
Post-Application
After applying, an official will review your application. If eligible, singles will receive up to £37.50, and couples will get £50. Families with children will get £70 vouchers per child.
Additional Notes
Income Threshold
Applicants must also meet income criteria:
- Single individuals must have pre-tax earnings not exceeding £30,000.
- Couples must have combined earnings below £50,000.
Fund Disbursement
The £140 payment will be credited to the same bank account as other benefits, ensuring seamless support. Note that those with annual incomes exceeding £6,000 are not eligible for this fund.
The £140 cost of living payment is a much-needed relief for many families and individuals in Middlesbrough, helping to alleviate financial burdens caused by rising costs.
If you meet the eligibility criteria, don’t miss out on this opportunity to receive financial support.
FAQs
Who is eligible for the £140 payment?
Anyone with savings under £6,000 and meeting other specific criteria.
How much can a single person receive?
A single person can receive up to £37.50.
What about families with children?
Families with children get £70 per child.
Can couples without children apply?
Yes, each partner in such couples can receive a £70 gift card.
What if my savings exceed £6,000?
You are not eligible for this specific fund.
