The Government's new Cost of Living payment scheme has been rolled out across the country this year. Many started to receive payments in the summer. However, the first payments came later for those in receipt of tax credits.
A total of 1,1 million families claiming tax credits started to receive the first £326 Cost of Living payment from September 12.
To get the first Cost of Living Payment of £326, you must have been entitled, or later found to be entitled, for any day in the period April 26, 2022 to May 25, 2022 to a payment of Tax Credits or an annual award of at least £26 of Tax Credits.
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The Government said the first payment was paid into people's bank accounts between September 2 and 7.
Tax credit claimants who also receive benefits from the DWP will have already received their first Cost of Living Payment from July as part of a £37 billion package of support.
A second payment of £324 will be made to eligible claimants from the winter. The Government states that it will update its guidance when the government has announced the qualifying dates to get the second payment of £324.
Winter official runs from December 21 until March 20.
When Cost of Living Payments will be made:
| Benefit or tax credits | Cost of Living Payment | When you’ll be paid |
|---|---|---|
| Universal Credit | £326 | Between 14 and 31 July 2022 for most people |
| |
£324 | Autumn 2022 |
| Income-based JSA | £326 | Between 14 and 31 July 2022 for most people |
| |
£324 | Autumn 2022 |
| Income-related ESA | £326 | Between 14 and 31 July 2022 for most people |
| |
£324 | Autumn 2022 |
| Income Support | £326 | Between 14 and 31 July 2022 for most people |
| |
£324 | Autumn 2022 |
| Pension Credit | £326 | Between 14 and 31 July 2022 for most people |
| |
£324 | Autumn 2022 |
| Tax Credits | £326 | Between 2 and 7 September 2022 for most people |
| |
£324 | From winter 2022 |
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