As winter fast approaches, the cost-of-living crisis will continue to have an impact on household finances.
From heating our homes to the cost of food, for many, balancing our finances is harder now than ever. We’re pleased to have received the below information about the second round of cost-of-living payments from the DWP.
“On 20 September 2023 it was announced that millions of UK households will get the second Cost of Living payment from 31 October 2023.
DWP will make the second Cost of Living payment of £300 to eligible customers between 31 October 2023 and 19 November 2023.
This is the second of three payments over the financial year totalling up to £900. Eligible pensioner households will also receive a further £300 payment later this year as an addition to the Winter Fuel payment.
Eligible tax credit only customers who do not qualify for a payment from DWP will receive £300 from HMRC between 10 and 19 November 2023.
Customers will receive the payments automatically and do not need to contact DWP or do anything to receive the payment.”
Cost of Living Payment eligibility
You may be entitled to the next cost-of-living payment if you get any of the following benefits or tax credits:
- Income-based Jobseeker’s Allowance (JSA)
- Income-related Employment and Support Allowance (ESA)
- Income Support
- Pension Credit
- Universal Credit
- Child Tax Credit
- Working Tax Credit
More information on the cost-of-living payments can be viewed here: Cost of Living Payments 2023 to 2024 - GOV.UK
At Hafod, we understand that times are tough and we are here to support you. If you’re struggling with the cost of essentials or are worried about your finances, please get in touch with us. Our Income Coaches are here to help with your financial wellbeing.