The government has confirmed that those who will receive the £ 650 cost of living will receive it in a few weeks.
Chancellor Rishi Sunak recently announced measures to alleviate some of the pressures facing households amid the cost of living crisis. He confirmed that there would be support worth £ 15 billion to help people in difficult times, with energy costs rising to £ 2,800 a year in October.
More than eight million UK applicants for Universal Credit, Tax Credits, Retirement Credit and Inheritance Benefits will receive two payments of £ 325 each. If you take advantage of any of these benefits, with the exception of tax credits, your first payment will arrive in your bank account “from” July.
READ MORE:Dates when you can expect livelihood payments, including £ 650 energy bills, help
A government spokesman said: “You will receive one payment from July 2022 and a second payment in the autumn of 2022, if you are entitled. You will be entitled to one of these eligible benefits on 25 May 2022 to receive your first installment.
“We will update this guide when the government announces the date on which you must be entitled to one of these eligible benefits to receive the second payment.
“If you have a joint claim with a partner, you will receive a payment of £ 650 for both of you, paid in two lump sums from July 2022 and in the autumn of 2022, if you meet the conditions. You will not receive payment if you are eligible for HMRC living expenses because you are eligible for tax credits. ”
£ 650 will be tax-free, will not be counted towards the benefit ceiling and will have no impact on existing benefit rewards. This is true for the whole of the United Kingdom.
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