Millions of people on means-tested benefits will receive the first of two Cost of Living Payments totalling £650 from 14th July 2022 as part of a £37billion government package to help families with cost of living pressures.
The first £326 instalment for qualifying low-income households in England, Wales, Scotland and Northern Ireland will be paid by their usual instalment method form 14th July 2022, continuing to the end of the month. For those eligible, the rest will follow in a second instalment in the autumn.
People receiving tax credits and no other eligible benefits will receive their first payment from HMRC in the autumn and the second in winter.
In total, millions of vulnerable households will receive at least £1,200 from the Government this year to help cover rising costs. These are specific payments for those on means-tested benefits, pensioners, those on disability benefits and to help people with energy bills.
For more information, please visit: Cost of Living Payment – GOV.UK (www.gov.uk)