THE Chancellor Rishi Sunak has unveiled a £15bn package aimed to support households hit by the cost-of-living crisis and the rising cost of energy.
The bail-out includes a one-off cost-of-living payment, but who's eligible and when do you need to apply for it?
Who is eligible for the £650 one off payment to help with energy bills
Brits are facing a torrid time in the coming months with energy prices set to skyrocket.
In May 2022, Ofgem boss Jonathan Bearley said households could see their energy bills rise to a whopping £2,800 a year in October.
In response to the crisis, the Chancellor Rishi Sunak announced that millions of people on Universal Credit and benefits will be eligible for a £650 payment, in addition to other measures.
Over eight million households will receive the lump-sum in two payments.
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The support will go to everyone who is on means-tested benefits, including:
- universal credit
- pensions credit
- housing benefit
- jobseekers’ allowance
- income support
To get the first payment you will need to be on eligible benefits or have begun a successful claim which is later successful, as of May 25 2022.
The Department for Work and Pensions and HMRC will set out the eligibility date for the second payment in due course.
When's the deadline for applying for the £650 payment?
In order to receive this support, you don't need to apply for if you're already on the appropriate benefits.
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When will I get the £650 one-off cost of living payment?
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You will receive the payments directly from the DWP.
The payments will be tax-free, and won't count towards the benefit cap or affect any benefits you're getting.
There are other payments and grants and you might be entitled to now if you're on benefits and are struggling to pay your bills – you can find out more about them here.
When will I get the £650 payment?
The DWP will transfer the payment to those eligible in two lump sums.
The first payment will come from July, and the second in the autumn.
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Specific dates have not yet been announced.
Payments from HMRC for those on tax credits only will follow shortly after each to avoid duplicate payments.
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When will I get the £650 one-off cost of living payment?
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