Approximately nine million pensioners are set to receive a payment of at least £200. This sum is being distributed to pensioners as part of the Winter Fuel Payment scheme. The funds are expected to be automatically deposited into bank accounts later this year, with no action required from recipients to claim it.
Due to changes in eligibility rules, millions more pensioners will benefit from the support this year, reports Birmingham Live. This means that many individuals who didn't receive the winter allowance in 2024 can anticipate the bonus this year. Labour initially removed the benefit from millions of pensioners before being compelled to reverse their decision. Now, around 75% of seniors, those earning less than £35,000, will retain the cash.
Payments amount to £200 for those under 80, while those over 80 will receive £300. Winter Fuel Payments typically land in bank accounts during November, ensuring everyone has the cash in time for Christmas. All pensioners will initially receive the cash. However, HMRC will reclaim it from those whose incomes exceed the threshold of £35,000. Earlier in the year, the Government confirmed a U-turn on winter fuel after the change was met with public disapproval.
You may also like
Bad Luck Reasons: Never ignore these 6 things, otherwise the door of luck may close instead of opening..
Man Utd thrash Bournemouth to keep up perfect pre-season record - 5 talking points
Rakhi 2025: Tie a lucky coloured Rakhi to your brother according to his zodiac sign, the whole year will be auspicious..
Liverpool have perfect gift to make wonderkid snub rivals and replace Luis Diaz
Tulsi: Do not keep these plants near Tulsi even by mistake Otherwise, poverty and negative energy will enter the house..