Cost Of Living payment Newcastle 2022: DWP reveals when second instalment will be paid - am I eligible?
£650 was promised to be paid over two instalments, with the first instalment of £326 being paid in July. Here’s when the second will be paid out
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Around eight million people, including thousands of Newcastle residents are set to receive the second instalment of £324 being paid into their accounts next month.
£650 was promised to be paid over two instalments, with the first instalment of £326 being paid in July and those on means-tested benefits will get the second instalment paid directly into their bank, building society or credit union account.
The payments will be automatic and should arrive in accounts between November 8 and November 23, according to The Department for Work and Pensions (DWP).
Work and Pensions Secretary, Chloe Smith said: “Millions of families will soon see a £324 cash boost as part of our extensive £1,200 support package, helping to raise incomes and manage the rising cost of living.
“We understand that people are struggling which is why and we’re committed to supporting the most vulnerable households.
“That’s also why we are focused on driving growth and delivering quality public services so we can continue to support those in need through these challenging times while boosting opportunity for all.”
What is the cost of living payment?
The £650 cost of living payment is the largest part of a £1,200 government support package for vulnerable households designed to help with rising prices - specifically skyrocketing energy bills.
The first payment of £326 was made in July and appeared in accounts as "DWP Cost of Living".
The November transfer is the final part of this particular support. There are no rules on what the payment should be spent on.
Who is eligible for the cost of living payment?
People may be eligible for the cost of living payment if they’re a recipient of one of the following benefits.
- Universal Credit
- income-based Jobseekers Allowance
- income-related Employment and Support Allowance
- Income Support
- working tax credit
- child tax credit
- pension credit
For more information, visit the Government website.
Have any other payments been made?
In order to help millions battle the cost of living crisis which has left many financially strained, other payments have been made.
These include disabled people having been paid a separate £150 Disability Cost of Living Payment, whilst over eight million pensioner households will receive an extra one-off £300 Winter Fuel Payment this year as prices skyrocketed in the wake of Russia’s invasion of Ukraine.
To help vulnerable people with essentials, an extra £421 million was provided, and was named the Household Support Fund.
In addition, a £150 Council Tax rebate was sent earlier this year to those in Council Tax bands A-D in England.