Everything you need to know about second £324 cost of living installment in UK

The government of His Majesty's Department of Workers and Pensions had announced that people who were on low-income benefits and tax credits would get a total of £650 in two installments. The first amount would be £326, and the second would be £324, provided the beneficiaries were getting the following:

A Universal Credit; is a payment to help with your living costs.

JSA or income-based jobseeker's allowance; for those who are unemployed and are seeking work.


ESA or Employment and Support Allowance; for those who have a disability and can't work.

Income Support; to benefit people on a low income.

Pension Credit; some extra money to help support living costs if above the state pension age with a low income.

Child Tax Credit; you can get up to £3,480 for the first child and up to £2,935 for your other children till they turn 16. You can claim till 20 if they remain in approved education or training.

Working Tax Credit; this is to boost the income of working people who are working but have a low income.

It has been informed that eligible people received the first payment of the Cost of Living in September.

The Department of Workers and Pensions website had come out with a notice that the second payment of the cost of living would be made no later than October 31, 2022. However, an update later stated that October 31 was the last qualifying day.

Hence it is assumed that payment would be made after October 31 and not as initially planned. There have been no updates, and a DWP spokesperson confirmed that they would provide an answer as soon as possible.
FAQ

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