It is the second of three payments from the Government to help with the Cost of Living
The exact date millions of people will receive a £300 cost of living payment has been confirmed and is now just days away. The money will be paid between October 31 and November 19 to people claiming means-tested benefits from the Department for Work and Pensions .
For those claiming HMRC Tax Credits only, they will be paid between November 10 and November 19. Around eight million people will be entitled to the payment. You need to have been entitled to a payment for a qualifying benefit between August 18 and September 17 to be eligible for this payment. This is the same for both DWP and HMRC benefit claimants, reports The Mirror.
The money will be sent out automatically and directly to recipients, meaning those eligible do not need to apply or take any action to receive it. It will be paid into the bank account where you normally receive your benefits, and the payment reference will be your National Insurance Number followed by "DWP COL" or "HMRC COLSD".
It is the second of three cost-of-living payments, totalling £900, being paid throughout 2023 and 2024. The third payment of £299 will come next spring. To be eligible you need to be claiming one of the means-tested benefits:
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