The money is set to land in bank accounts in the coming months
The Department for Work and Pensions is set to send out more cost-of-living payments to millions of households later this year. In May and June, more than eight million people received a £301 cost of living payment.
However, as the cost of living crisis deepens, there is some information available on who will qualify and whether you will need to apply. Below is everything you need to know about the upcoming £300 cost of living payment this year.When is the £300 cost of living payment being sent out? We don't know yet. No dates have been given for the payment other than that it will be in the autumn. The qualifying period has also not been announced yet.
If you’re getting tax credits from HMRC and a low-income benefit from the DWP, you will only get one from the DWP. If you’re getting both child tax credit and working tax credit you will receive the £300 for the child tax credit only, which will be paid by HMRC. You will not get a payment if you are only getting new style ESA, contributory ESA or new style jobseekers allowance.
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