Millions of households struggling with the cost of living crisis will receive their second instalment of the £650 payment from the UK Government this week.
Those who claim certain benefits, and are on low income, will be paid the cost of living payment beginning from tomorrow, reports the Mirror. A first instalment worth £326, was paid back in July for most households, with those on tax credits paid in September.
Most people will receive the money between November 8 and November 23. The tax-free sum will be paid automatically to those who qualify.
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The second half of the £650 cost of living payment will go to those receiving the following benefits:
- Income-based Jobseekers Allowance
- Income-related Employment and Support Allowance
- Income Support
- Pension Credit
- Universal Credit
In order to qualify for the £324, you must have been entitled, or later found to be entitled to, any of the listed benefits between August 26 and September 25 this year.
However, those on Working Tax Credit and Child Tax Credit won't receive this money until after November 23. This is to avoid duplicate payments as some people claim both tax credits and another of the qualifying benefits.
The Tax Credit group will receive the money anywhere between November 23 until November 30. Claims won't need to be submitted for this money, as the Tax Credit payment will come straight from the HMRC.
Cost of living payments don't count towards the benefit cap so they won't affect the amount of benefits you're entitled to.
Millions of pensioners are also set to receive their Winter Fuel Payment, worth up to £600. This money is being sent out between the months of November and December for most, but will be paid by January 13, 2023, at the very latest.
Winter Fuel Payments are normally worth between £100 and £300, with the amount depending on your age, living arrangements and if you claim benefits.
But this year, an extra £300 will be topped up on the benefit due to the cost of living crisis.
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