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Universal Credit claimants told to expect cash payment boost next month

todayJune 18, 2022 1

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Universal Credit claimants should expect to see a change in their ordinary payments next month as the first part of the £650 cost of living is paid out. The money is being paid to the lowest income families in a bid to help with the soaring cost of everyday essentials like energy, food and fuel.

The first instalment is due to be paid out on July 14, with £326 set to be paid into bank accounts. The second payment of £324 will follow in autumn, the Mirror reports.

The support comes as part of a package revealed by Chancellor Rishi Sunak in May. Energy bills have already surged by 54% this year and are expected to rise even higher.

Read more: DWP increases State Pension age by two years for men and women due to ‘growing population’

What benefits qualify for the £650?

The £650 payment is being awarded to those who claim means-tested benefits. This includes:

  • Child Tax Credit
  • Income-based Jobseeker’s Allowance
  • Income-related Employment and Support Allowance
  • Income Support
  • Pension Credit
  • Universal Credit
  • Working Tax Credit

If you claim Universal Credit, income-related ESA and JSA, Income Support or Pension Credit, you’ll get your first payment from July 14 with everyone expected to be paid by July 31. The second instalment should arrive in the autumn.

If you claim tax credits then you will receive your first payment slightly later, with this not expected to be processed until the autumn, with a second payment to follow in winter. The payments are being issued automatically to eligible households.

They are not taxable and will not affect the benefits or tax credits you get.

Written by: thehitnetwork

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