Payment of £650 cost of living to bank accounts ‘within weeks’

Benefit claimants are just weeks away from receiving the first half of their cost of living payment. Millions of people who enjoy certain benefits will start receiving cash as part of a package of measures announced by Chancellor Rishi Sunak to help struggling households cope with the rising cost of energy bills.

And those who qualify will receive the £650 boost in two lump sums. The first round of payments will begin to be made from July.

People who receive Universal Credit, Income-Based Jobseeker’s Allowance, Income Related Employment and Support Allowance, Income Support, Pension Credit and Universal Credit may be eligible . A government spokesperson said: “You will receive one payment from July 2022 and a second payment in the fall of 2022, if you qualify.

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“You will need to have qualified for one of these qualifying benefits on May 25, 2022 to get the first payment. We will update these guidelines when the government announces when you must have qualified for one of these benefits. eligible benefits.benefits to get the second installment.”

They added: “If you have a joint claim with a partner, you will receive a payment of £650 for the two of you, paid in two lump sums from July 2022 and in autumn 2022, if eligible. You will not receive payment if you are entitled to a cost of living payment from HMRC because you are entitled to tax credits.

Recipients of New Style Employment and Support Allowance or New Style Jobseeker’s Allowance will not be entitled to cost of living payments unless they are also receiving a universal credit or a disability benefit. Those who also receive an eligible disability benefit can get an additional disability cost of living payment.

Shawanda H. Saldana