Date millions will get first half of £650 Cost of Living payment confirmed - find out who is eligible
15.06.2022 - 00:51
/ manchestereveningnews.co.uk
The government has confirmed when the first Cost of Living payments will be made following chancellor Rishi Sunak's announcement of the new support package last month. Eight million homes across the country will start to see the first instalment of the £650 grant hit their bank accounts in just a few weeks.
Cost of Living payments will be made in two instalments with the first arriving next month. From July 14, the Department of Work and Pensions (DWP) will begin sending payments of £326 to low-income households on benefits. The second portion of the one-off £650 payment will follow in the autumn.
Chancellor Rishi Sunak said: “We have a responsibility to protect those who are paying the highest price for rising inflation, and we are stepping up to help. In July, more than 8 million people will get their first £326 payment to help with rising prices, as part of a package worth at least £1,200 for vulnerable families. I said we would stand by people when they needed help, and we are”.
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Work and Pensions Secretary Therese Coffey said: “With millions of the lowest-income households soon seeing the first of two cash instalments land into their bank accounts, we are taking action to directly help families with the cost of living. This one-off payment totalling £650 is part of our £37 billion cost of living support package that will put an extra £1,200 into the pockets of those most in need.”
Only people who are getting certain benefits or tax credits from the government are eligible for the payments. You do not need to apply, if you’re eligible, you’ll be paid automatically.
According to gov.uk, you may be eligible if you’re getting any of
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