personal finance

Six key rules for Britons to note before £301 cost of living payment is issued


Britons do not have to claim the cash

Individuals will not have to take any action to receive the cost of living payments.

This is because if they are eligible they should find the sum is paid out to them automatically.

Cost of living payments could be issued later

If a person is awarded a qualifying benefit later down the line, their payment could be issued later.

Similarly, if a claimant changes the account their benefits are paid into, their payment could be late.

Britons are urged to make sure the DWP has their up-to-date details, as payments could be sent to an incorrect account otherwise, creating a delay.

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