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Daily Mirror
Daily Mirror
Business
Levi Winchester

HMRC confirms exact month 1.1million households will get £326 cost of living payment

HMRC has confirmed the exact month when Tax Credit households will receive the first half of the £650 cost of living payment.

The first payment will be worth £326 and is due to be paid to eligible benefit claimants in September.

HMRC hasn’t yet confirmed which day in September the payments will start.

It also hasn’t said when the second half of the cost of living payment, worth £324, will arrive for Tax Credit households - although it is expected to hit bank accounts in the winter.

Around 1.1million people claiming Tax Credits are expected to get the first cost of living payment.

The payment for these households comes after the first £326 cost of living instalment was sent to those claiming other types of means-tested benefits.

Those who claim Universal Credit, income-related ESA and JSA, Income Support, and Pension Credit started to receive this cash from July 14.

The second £324 payment is expected to be sent to these households in the autumn - although again, no set date has been announced.

Who is eligible for the £650 cost of living payment?

The £650 payment is only being awarded to more than eight million households who claim the following benefits:

  • Child Tax Credit

  • Income-based Jobseeker’s Allowance

  • Income-related Employment and Support Allowance

  • Income Support

  • Pension Credit

  • Universal Credit

  • Working Tax Credit

To get the full £650, you need to have qualified for one of these benefits - or later found to be entitled to a payment - between April 26 and May 25.

Pension Credit applications can be backdated for three months, so August 18 is the cut-off for this benefit.

I'm not eligible for the £650 - what help can I get?

Not everyone who claims benefits will be entitled to the £650 payment - so it is worth checking what other support you can get.

There is a £150 payment being made to those who claim certain disability benefits and £300 for pensioners in receipt of Winter Fuel Payments.

Every home in England, Scotland and Wales will also receive £400 off their energy bills, spread out over six months from October.

This money is applied to your energy bills and doesn’t need to be paid.

This is in replacement of the £200 "loan-not-loan" that had originally been announced last year by the Chancellor.

The Household Support Fund has also been extended again by another £500million.

You need to speak to your council to see what help it offers and if you’re eligible for support.

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