Money Wellness

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.

'cost of living' spelt out in wooden blocks
routledge

Written by: Rebecca Routledge

Senior Content Manager

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.

 

 

 

routledge

Written by: Rebecca Routledge

Senior Content Manager

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 Please check when it was written, as information can go out of date over time.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:

routledge

Written by: Rebecca Routledge

Senior Content Manager

Published: 20 September 2023

More blogs on cost of living

View all
Image of a woman looking at a shelf of cleaning products. Thousands of everyday essentials to be slashed in price. Smarter Regulation
cost of living

Thousands of everyday essentials to be slashed in price

Here's what’s getting cheaper and why

Read more
cost of living

Passport fees are rising – apply now before the hike!

From Thursday 10 April, the cost of a British passport will go up by 7%.

Read more
Trump tariffs: What does the trade war mean for your money?
cost of living

Trump tariffs: What does the trade war mean for your money?

New US taxes on imported goods could push up prices.

Read more
Average Customer Rating:
4.9/5
Independent Service Rating based on 10986 verified reviews. Read all reviews