6 key DWP money changes and payments in November as households given extra £475

Thousands of households crossed the UK volition payment from a boost to their finances this period arsenic respective wintertime payments and wealth changes instrumentality effect.

The Budget announcement this week confirmed a invited increase successful benefits and authorities pensions, arsenic good arsenic a pay emergence for minimum wage workers from adjacent April.

The authorities has pledged to “drive up accidental and thrust down poverty” crossed the UK, contempt announcing £40 cardinal a twelvemonth successful other taxes. This includes hikes to employer's nationalist security contributions, accrued superior gains tax, and changes to inheritance tax.

But Chancellor Rachel Reeves promised that Labour volition "protect moving people", with millions acceptable to payment from the reforms to boost enactment and tackle poverty.

Some of the changes announced successful the Budget volition instrumentality effect from this month, portion November volition besides spot the rollout of respective wintertime payments.

Here’s a database of six cardinal wealth changes and payments happening this period and what it means for your finances.

Winter Fuel Payment - £300

If you unrecorded successful England oregon Wales and were calved earlier September 23, 1958, you could get either £200 oregon £300 to assistance wage your heating bills this winter. You indispensable besides person been claiming 1 of the pursuing benefits successful the qualifying week of September 16 to 22, 2024:

• Pension Credit

• Universal Credit

• income-related Employment and Support Allowance (ESA)

• income-based Jobseeker’s Allowance (JSA)

• Income Support

• Child Tax Credit

• Working Tax Credit

Most payments are made automatically successful November oregon December. If you’re eligible you’ll get a missive from the DWP telling you however overmuch you’ll get and which slope relationship it volition beryllium paid into, which is usually the aforesaid relationship arsenic your Pension Credit oregon different benefits.

If you don’t get a missive oregon the wealth has not been paid into your relationship by January 29, 2025, interaction the Winter Fuel Payment Centre.

Warm Home Discount - £150

A one-off £150 discount whitethorn beryllium applied to your energy measure this wintertime if you are eligible for the Warm Home Discount Scheme.

If you qualify, your energy supplier volition automatically use the discount to your measure betwixt aboriginal October 2023 and March 31, 2025.

Cold Weather Payment - £25

Thousands of households tin get a escaped £25 handout from the DWP this wintertime arsenic portion of its Cold Weather Payment scheme.

You’ll beryllium fixed a outgo if the mean somesthesia successful your country is recorded as, oregon forecast to be, 0C oregon beneath implicit 7 consecutive days this winter.

The DWP volition contented the currency aft each play of acold weather, with households owed to person it wrong 14 moving days. You’ll get £25 for each 7 time play of precise acold upwind betwixt November 1, 2024 and March 31, 2025.

Stamp Duty

Second-home buyers volition look a stamp work onshore taxation surcharge emergence of 2 percent points – to 5% – starting from October 31.

Reeves said: “In our manifesto, we committed to reforming stamp work onshore taxation to rise gross portion supporting those buying their archetypal home.

“We are expanding the stamp-duty onshore taxation surcharge for second-homes known arsenic the “Higher Rate for Additional Dwellings” by 2 percent points, to 5%, which volition travel into effect from tomorrow.

“This volition enactment implicit 130,000 further transactions from radical buying their archetypal home, oregon moving location over, the adjacent 5 years.”

DWP benefits payments

The pursuing benefits volition each beryllium paid by the Department for Work and Pensions (DWP) connected the mean day successful November:

• Universal Credit - paid each month

• Pension Credit - usually paid each 4 weeks

• Disability Living Allowance - usually paid each 4 weeks

• Personal Independence Payment -usually paid each 4 weeks

• Attendance Allowance - paid each 4 weeks

• Carer’s Allowance - paid play successful beforehand oregon each 4 weeks

• Employment Support Allowance - usually paid each 2 weeks

• Income Support - usually paid each 2 weeks

• Jobseeker’s Allowance - usually paid each 2 weeks

• Maternity Allowance - paid each 2 oregon 4 weeks

• Child Benefit - usually paid each 4 weeks, oregon play if you’re a azygous parents oregon you oregon your spouse get definite benefits

• Tax Credits - paid each 4 weeks oregon weekly

Benefits are usually paid consecutive into your bank, gathering nine oregon recognition national account. If your outgo day is connected a play oregon a slope vacation you’ll usually beryllium paid connected the moving time before.

State Pension payments

Your State Pension is usually paid straight into your slope relationship each 4 weeks, with the time you person your outgo depending connected the past 2 digits of your National Insurance number. This is however National Insurance numbers correspond to outgo days:

00 to 19 - paid connected Monday

20 to 39 - paid connected Tuesday

40 to 59 - paid connected Wednesday

60 to 79 - paid connected Thursday

80 to 99 - paid connected Friday