DWP announces date £300 autumn cost of living payments will start landing in bank accounts
manchestereveningnews.co.ukThe Department for Work and Pensions (DWP) has confirmed the dates for when millions of households will receive the next £300 cost of living payment.
From October 31 through to November 19, the second of three cost of living payments will be paid out to those receiving means-tested benefits.
This includes those claiming payments from Universal Credit, Pension Credit, and Tax Credits. Similar to previous cost of living payments, Tax Credit-only customers who receive their payment from HM Revenue and Customs (HMRC) will get the payment slightly later than DWP claimants.
According to the government, payments for this group will start on November 10 and follow the same deadline of November 19. Read more: Savers could earn extra with record average rates not seen in nearly 15 years Read more: HMRC urges hundreds of thousands of young adults to check if they're owed £2,000 Mel Stride, Secretary of State for Work and Pensions, said: “The best way we can boost bank balances is by bearing down on inflation, but as we get there, we are ensuring the most vulnerable households are cushioned from high prices with a further Cost of Living payment.
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