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Liverpool Echo
Liverpool Echo
World
Lottie Gibbons

When the DWP £324 cost of living payment will drop in bank accounts

The DWP has confirmed the latest date for when the second cost of living payment will drop into bank accounts.

Over eight million households in England, Wales, Scotland and Northern Ireland who claimed qualifying means-tested benefits during the eligibility period will be automatically paid £324 this month.

DWP claimants will receive their second Cost of Living payment by November 23 2022, and eligible tax credit claimants, on no other means-tested benefits, will receive it between November 23 and 30 2022.

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Those eligible to receive the second cost of living payment from today include people on:

  • Universal Credit
  • Income-based Jobseekers Allowance (JSA)
  • Income-related Employment and Support Allowance (ESA)
  • Income Support
  • Pension Credit

The payments, starting today from the Department for Work and Pensions, are made directly into eligible recipients’ bank accounts, with no need for people to apply or do anything to receive it.

The payment reference on DWP recipients’ bank accounts will be their national insurance number, followed by “DWP COL”.

For HMRC recipients the payment reference will be “HMRC COLS”.

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