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HELPING HAND

When will I get the second cost of living payment? All the key dates revealed

HOUSEHOLDS will want to mark these key dates in their diaries when cash is set to be paid out to help with the soaring cost of living.

The government has confirmed that the second half of the £650 cost of living payment will start being dished out from November 8.

The second half of the cost of living payment will be dished out from November 8
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The second half of the cost of living payment will be dished out from November 8

The first £326 instalment was dropped into people's bank accounts in July.

Those on tax credits were paid the help from September 2.

Around eight million people are expected to benefit from the Department of Work and Pensions help.

You could be eligible for the payment if you claim Universal Credit, Job Seeker's Allowance, Employment and Support Allowance, Income Support, Pension Credit, Child Tax Credit and Working Tax Credit.

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And pensioners are also set to get a helping hand with an extra £300 one-off payment during the winter months too.

The amount you get will depend on what you're eligible for and could be more or less than that.

The cash boost was first announced by former chancellor, and now Prime Minister, Rishi Sunak in May.

Here are all the key dates for when you can expect to get your payments.

From November 8

From November 8, vulnerable households across the UK will receive a £324 cost of living cash boost.

The government says it aims to make all payments by November 23.

More than eight million families have already received the first cost of living payment, worth £326, which was sent out from July.

The second payment will automatically be paid into the bank accounts of those eligible.

This means if you are eligible, you will not need to do anything to receive the money.

From November 23

More than one million households receiving tax credits, and no other means-tested benefits, will get their second cost of living payment from November 23rd.

This £324 payment will be paid into most eligible customers’ bank accounts automatically between that date and November 30 across the UK.

From November

The "pensioner cost of living payment", will start to be dished out to eight million households from this month.

It will be given to those who already get the Winter Fuel Payment - which is worth between £100 and £300 for those over state pension age.

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The extra £300 boost will be paid on top of this support which means some eligible households will see their payments double this winter.

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You can check out if you are eligible for the Winter Fuel payment in our explainer.

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