The Department for Work and Pensions (DWP) has specified its criteria for people claiming Tax Credits who will receive their first half of the £650 cost of living payment next month.
03.08.2022 - 12:03 / dailyrecord.co.uk
An estimated eight million cost of living payments for £326 landed in bank accounts across the country between July 14 and 31 providing a much-needed financial boost to households battling to keep on top of soaring energy bills and rising inflation. However, the Department for Work and Pensions (DWP) has now announced that some people may have to pay the money back.
The cash is part of the £650 means-tested cost of living payment which is being given to those on Universal Credit, income-based Jobseeker’s Allowance, income-related Employment and Support Allowance, Income Support and Pension Credit. Tax Credits claimants will also receive the support from HM Revenue and Customs (HMRC), with the first payments for £326 due to be made in September.
But in a new update on the official Cost of Living Payment guidance page, DWP warned: “If you have received a Cost of Living Payment, but we later find that you were not eligible for it, you may have to pay it back.”
DWP and HMRC are using a computer program to identify those eligible to receive a cost of living payment and advise: “If you are not content with this you can contact the office that pays your benefit or tax credits to discuss it.”
Eligibility guidelines for all three cost of living payments were set out in May. These include the £650 payment for low-income households on certain income-related benefits, £150 for people claiming disability benefits and £300 for eligible pensioner households.
Earlier this week, DWP added a new online form for people who think they should have received the £326 payment, but have not yet done so.
But before reporting a missing payment, DWP urges claimants to check their bank, building society or credit union account, or Payment Exception
The Department for Work and Pensions (DWP) has specified its criteria for people claiming Tax Credits who will receive their first half of the £650 cost of living payment next month.
The Department for Work and Pensions (DWP) has clarified the eligibility criteria for people claiming Tax Credits who are due to receive the first part of the £650 means-test cost of living payment next month. Over one million people claiming Working Tax Credit or Child Tax Credit will receive a one-off payment for £326 in September.
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Cost of living payments are going to provide a much-needed boost to millions of household budgets across the UK over the next few months. More than 7.2 million people have already received the first instalment of the £650 means-tested cost of living payment from the Department for Work and Pensions (DWP) with the second payment for £324 due to land in accounts this autumn.
New details about the second instalment of the £650 means-tested cost of living payment have been shared by the Department for Work and Pensions (DWP). More than 7.2 million households received the first payment for £326 last month and a further one million families claiming Tax Credits will receive the financial support from HM Revenue and Customs (HMRC) in September.
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Millions across the UK should have received the first half of the Cost of Living payment by the end of July.
Personal Independence Payment (PIP) is a benefit for people aged over 16 and under State Pension age who need help with daily living tasks or moving around as a result of a long-term illness, disability or mental or physical health condition.
Millions of the most vulnerable in society will receive the first part of their £650 cost of living payment this week. As the deadline for claimants to be paid was July 31, but despite the deadline having passed, some people are yet to receive the money. The cost of living packages are part of a raft of measures unveiled by former chancellor Rishi Sunak.The targeted support was considered to help those struggling with soaring fuel, food and energy prices.
More than 7.2 million cost of living payments for £326 landed in bank accounts across the country between July 14 and 31. However, the Department for Work and Pensions (DWP) announced last month that some payments may be delayed and has now updated guidance on GOV.UK for claimants who think they might be missing a payment.
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