{"id":4774,"date":"2022-07-14T14:22:51","date_gmt":"2022-07-14T14:22:51","guid":{"rendered":"https:\/\/www.bainesjewitt.co.uk\/blog\/?p=4774"},"modified":"2022-07-14T14:22:52","modified_gmt":"2022-07-14T14:22:52","slug":"first-cost-of-living-payment-received-by-millions","status":"publish","type":"post","link":"https:\/\/www.bainesjewitt.co.uk\/blog\/first-cost-of-living-payment-received-by-millions\/","title":{"rendered":"First cost of living payment received by millions"},"content":{"rendered":"

Payments to support those struggling with the cost of living are starting to be paid into eight million people’s accounts from today.<\/p>\n

The first instalment of \u00a3326 is aimed at those on a variety of benefits and tax credits.<\/p>\n

For low-income households on means-tested benefits, money will be automatically placed in their bank, building society or credit union account.<\/p>\n

Those eligible will receive the second instalment of \u00a3324 in the autumn. All who qualify should be paid automatically, meaning there is no need to apply.<\/p>\n

These are the biggest in a range of payments created to help with rising costs. Particularly, these will aid in dealing with surging energy bills, but recipients can spend or save the money how they choose.<\/p>\n

A spokesman for the Department for Work and Pensions commented on the support:<\/p>\n

“All eligible households will automatically receive the first instalment, and no one needs to worry they will miss out.<\/p>\n

“There will be a few unique cases – such as those who were not initially entitled but have gained entitlement upon appeal – who will be paid after July, as soon as possible.”<\/p>\n

What other payments are being introduced?<\/strong><\/p>\n

Aside from the main cost of living payment, worth \u00a3650 in total, the support being offered later in the year also includes:<\/p>\n