Cost of Living Crisis: Thousands of Low-income Savers to Get a Free £140 Payment – Check Eligibility!

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By Arezki AMIRI Published on 14 July 2024 16:20
Thousands Of Low Income Savers To Get A Free £140 Payment
Cost of Living Crisis: Thousands of Low-income Savers to Get a Free £140 Payment – Check Eligibility! - © en.econostrum.info

In Middlesbrough, thousands of residents might be eligible for a £140 payment under the Household Support Fund, an initiative that has been extended by the former Conservative Party government. This payment is aimed at families with savings below £6,000.

Middlesbrough £140 Payment Requirements

To qualify for the grant, applicants must:

  • Be responsible for Council Tax, rent, or mortgage payments for a property in Middlesbrough.
  • Reside at the said property.
  • Have savings amounting to less than £6,000.

Application Categories

Applications are welcome from various household types, including:

  • Households receiving benefits without children.
  • Households not receiving benefits.
  • Households receiving benefits with children.
  • Pensioner households.

Specific Conditions for Benefit Recipients

If your application is accepted, and you are single you will receive a gift card for £37.50 or if you are a couple a gift card for £50. For households NOT on benefits, the payment is open to people with and without children. To be eligible, you must have earned less than £30,000 (single) or less than £50,000 (couple) in the past year before tax.

For those on benefits, you are eligible if you receive any of the following:

  • Council Tax Reduction
  • Income-based Employment and Support Allowance
  • Housing Benefit
  • Income Support
  • Income-based Jobseeker's Allowance
  • Pension Credit
  • Tax Credit
  • Universal Credit

You must also have savings worth less than £6,000. The amount depends upon who lives in your house. In case you are single, then your voucher will be worth £37.50 while it will be higher at 50 pounds if you’re married.

Additional Grants for Households with Children

The North East local authority said that if people have no children, but they live together as couples, either of them would get gift cards with lower value of 70 pounds each instead of higher amounts like for those unaccompanied ones above. The same thing applies to both singles and couples, reading:"We can apply some, or all, of the payment to your Council Tax account."

"This will mean you have less to pay, or it can reduce the amount of arrears (debt) you have. This can help free up money to spend on other things like energy bills or food. We'll discuss this with you once you've applied."

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