cost of living
Published 20 Sep 2023
2 min read
Dates announced for next £300 cost-of-living payment
The government has announced the dates millions of households across the UK can expect to receive the second of three cost-of-living payments worth a total of £900.
Published: 20 September 2023
If you’re eligible, the second £300 instalment should land in your bank account between 31 October and 19 November.
Who qualifies for cost-of-living payments?
To be eligible, you must be claiming at least one of the following benefits:
- pension credit
- universal credit
- working tax credit
- child tax credit
- income support
- income-related employment and support allowance
- income-based jobseekers’ allowance
If you’re expecting the money but it doesn’t arrive, you can report missed payments online.
Beware of scams
The payments will be made automatically, meaning you don’t need to apply.
Beware of emails or texts about cost-of-living payments that claim to be from the Department for Work and Pensions and ask you for personal details. These will almost certainly be scams.
The payment reference on your bank statement will be your national insurance number followed by DWP COL or HMRC COLS.
Extra support for pensioners
If you live in a household with an eligible pensioner, you’ll also get an extra £300 on top of the winter fuel payment later this year.
A qualified journalist for over 15 years with a background in financial services. Rebecca is Money Wellness’s consumer champion, helping you improve your financial wellbeing by providing information on everything from income maximisation to budgeting and saving tips.
Published: 20 September 2023
The information in this post was correct at the time of publishing. Please check when it was written, as information can go out of date over time.
Read our latest news or check out other popular pages on our website:
More blogs on cost of living
View allOne in 10 parents in poverty say their child’s been bullied for being poor
Calls are being made to lower school costs for the poorest families.
Families to be worse off in 2030, report warns
Living standards tipped to fall over the next five years.
Shoppers cutting back on non-essentials to manage rising costs
63% spending less on non-essential items.