Millions of households across the UK are set to receive much-needed financial support this August as the Department for Work and Pensions (DWP) rolls out its latest cost of living payments. The payments, designed to help vulnerable families and pensioners cope with rising expenses, will be automatically deposited into eligible accounts.
Who Qualifies for the Payment?
The DWP has confirmed that recipients of the following benefits will qualify for the August payment:
- Universal Credit
- Pension Credit
- Income-based Jobseeker’s Allowance (JSA)
- Income-related Employment and Support Allowance (ESA)
- Income Support
- Working Tax Credit
- Child Tax Credit
Payments will be made automatically, meaning eligible individuals do not need to apply. The exact amount varies depending on the benefit received, with most qualifying households expected to receive £300.
When Will Payments Arrive?
The DWP has scheduled payments to be issued between August 13 and August 22, 2024. Those receiving tax credits rather than DWP benefits will see a slight delay, with their payments expected by the end of August.
Why Is This Support Necessary?
With inflation still impacting household budgets, the government has extended financial aid to help those most affected by rising food, energy, and housing costs. This payment is part of a broader package of support measures introduced over the past year.
"These payments are a lifeline for millions," said a DWP spokesperson. "We recognise the ongoing pressures on family finances and remain committed to supporting those in need."
What Should Recipients Do?
If you believe you qualify but do not receive a payment by the expected date, the DWP advises contacting them directly. Beware of scams—official payments will be deposited automatically, and no action is required from recipients.
