Millions of households will begin receiving £300 from today (October 31). However, not everyone will begin receiving the payment right away, with the majority of payments being made by November 19.
Despite this, there are other reasons you may not notice the cost of living payment landing in your account straight away. For example, you may have been awarded a qualifying benefit or tax credit from the DWP or HMRC at a later date or there was a change to your benefits account.
However, in both situations, you should still receive the cost of living payment automatically but it will just be delayed. Read more: Warning issued to anyone with a mortgage as millions of deals are 'on the brink' Read more: How much house prices have soared in every Greater Manchester borough over the last 20 years The government also confirmed that those who receive benefits exclusively from HMRC will begin getting the payment from November 10 instead of today.
Similar to payments from the DWP, the HMRC cost of living payment will remain at £300 and will be automatically issued. If the November 19 deadline passes and you still haven't received a cost of living payment but are still expecting it, there will generally be a form made available at a later date which you can use to report a missing cost of living payment.
Read more on manchestereveningnews.co.uk
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