DWP announces dates for next £300 cost of living payment

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DWP announces dates for next £300 cost of living payment
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Claimants will automatically receive the money into the bank account where they normally receive their benefits

DWP cost of living payment dates The Department for Work and Pensions has confirmed the date from when millions of people across the UK will be receiving the next £300 cost of living payment. The money will be sent out automatically and directly to recipients, with around eight million people claiming means-tested benefits receiving the payment between October 31 and November 19.

Claimants will receive the money into the bank account where they normally receive their benefits, and the payment reference will be your National Insurance Number followed by "DWP COL" or "HMRC COLSD". For joint tax credit claimants, where one claimant receives Working Tax Credit and the other claimant receives Child Tax Credit, then the payments would be made into the same account as the Child Tax Credit, reports The Daily Mirror.

Jeremy Hunt, chancellor of the exchequer, added: "Halving inflation and getting price rises under control is the best way to support households struggling with their bills. But it is also right that we are helping the most vulnerable in our society, and this latest Cost of Living payment is part of a package of support worth £3,300 per household on average over this year and last to help those struggling the most.

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