What we know about when the next cost of living payment of £324 will be paid

People who qualify either through means-tested benefits or tax credits should have received the first cost of living payment of £326

The majority of the first payments appeared to have arrived relatively promptly, especiallyEligible claimants for the cost of living payment should now have received their first instalment have had to wait a little longer, with the first instalment rolled out between Friday 2 and Wednesday 7 September., with further details again still to be confirmed.

The DWP explained: “Payments from HMRC for those on tax credits only will follow shortly after each to avoid duplicate payments.” If you are eligible for the payment, there is no need for you to apply – the £650 will be submitted to you automatically, and should show in your bank accountThe grant is tax-free for all eligible groups, does not affect the benefit cap and will not affect existing benefit awards., the two payments are slightly different to prevent the risk of fraud: “The payments are designed to be deliberately slightly unequal to minimise fraud risks from those who may seek to exploit this system.

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