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DWP shares new date for second cost of living payment worth £324 due this autumn

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dailyrecord.co.uk

New details about the second instalment of the £650 means-tested cost of living payment have been shared by the Department for Work and Pensions (DWP).

More than 7.2 million households received the first payment for £326 last month and a further one million families claiming Tax Credits will receive the financial support from HM Revenue and Customs (HMRC) in September.

While no specific date for the second payment, worth £324, has been issued yet, new guidance from DWP to advisers says that this will be paid to eligible claimants by October 31, 2022.

The guidance states: “Second payment will be no later than 31.10.22 to be specified by the Secretary of State in regulations.” No qualifying period for the second payment has been released yet, so it’s unclear if the dates have passed or if they are still to come.

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