Households across the Isle of Wight will start to receive their £324 Cost of Living payment from the Government this week.
Over 8million households in England, Wales, Scotland and Northern Ireland who claimed qualifying means-tested benefits during the eligibility period will be automatically paid £324 this month, as part of £1,200 worth of direct help for households.
The payments, from the Department for Work and Pensions, are made directly into eligible recipients’ bank accounts, with no need for people to apply or do anything to receive it.
The payment reference on DWP recipients’ bank accounts will be their national insurance number, followed by “DWP COL”. For HMRC recipients the payment reference will be “HMRC COLS”.
Work and Pensions Secretary Mel Stride, has said:
“We understand that people are struggling and that is why we’ve consistently acted to ensure millions of low-income families are supported. We will continue to act with compassion as we navigate challenging global economic circumstances.
Chancellor of the Exchequer, Jeremy Hunt, adds:
“Prices are rising across the world as we manage the aftershock of Covid-19 and Putin’s invasion of Ukraine. We recognise that families back home are struggling, which is why we’ve taken decisive action to hold down energy bills this winter, and provided hundreds of pounds of cash support for each vulnerable household.
Article continues below this advertisement “As part of that support, over 8 million vulnerable households – almost a quarter of families in the UK – will automatically receive a second cost of living payment worth £324 in their bank account from today.
To be eligible, claimants must have been claiming and entitled to a payment between 26th August and 25th September, with the exception of pensioner households, who may be able to have a new Pension Credit claim backdated.
They have until 18th December to submit a valid claim for Pension Credit, which could entitle them to the £324 Cost of Living payment. Anyone can check their eligibility for Pension Credit using the online calculator or by calling the freephone claim line (0800 99 1234).
All get a job and pay ur own way sponge Merseybeat
8 million vulnerable households – almost a quarter of families in the UK
a quarter of this country are not vulnerable – that is BS
Being vulnerable = Not having the newest iPhone
Agree with isle of Wigh terThey know how to best beat the system ,,, and have to balls to do it
So as always, those who pay no, or little in rent and council tax, and who get £20 pw per child, along with free school dinners, free school transport, free school uniforms, free dental care for the entire family, free help with insulating their homes, and IF working 16 short hours a week get thousands extra in child tax credits AND working tax credits, OR universal credit, ARE NOW PAID EVEN MORE.
Soon if not already it will be pointless to work unless you have a top job.
No small wonder employers can’t get any labour, as most make filling the womb a very lucrative and lazy life style choice.
Our councils favourite subject. All others struggling to get by, are burdened with higher council tax to subsidize them.
This is the best and truthful comment ever wrote on island echo!! Well done sir
Just in time for Black Friday! Maybe they can buy some half off trainers with the free money
But all of you more than happy no doubt to take the £66 a month for six months towards you energy bills.