ELIGIBLE Brits will begin receiving the second instalment of this year’s Cost of Living payment from today.

Overall, Brits on means-tested benefits will be granted £900 to help with bills and the soaring cost of living in three separate payments.

Households on certain benefits, including Universal Credit, will receive the £300 payment directly into their bank accounts from today, October 31, with the last payments being sent on November 19.

Those eligible for the tax-free payment won’t have to do anything as it will be made automatically.

The full list of benefits that qualify people for the payment includes: Universal Credit; income-based jobseekers allowance; income-related employment and support allowance; income support; working tax credit; child tax credit and pension credit.

Read our live blog below for the latest news and updates…

  • Free debt advice

    If you’re in debt there are plenty of services you can take advantage of and they offer free advice on how to manage debt.

    Most of them can offer you free guidance and help in person, over the telephone or online.

  • Do you qualify for today’s payment?

    The full list of benefits that qualify people for the payments is:

    • Universal Credit
    • Income-based Jobseekers Allowance
    • Income-related Employment and Support Allowance
    • Income Support
    • Working Tax Credit
    • Child Tax Credit
    • Pension credit
  • Cost of living payment to hit accounts today

    Eligible Brits will begin receiving the latest Cost of Living payment from today.

    The second instalment will go out to households on benefits between October 31 and November 19.

    Households on tax credits only will receive their payment from HMRC between November 10 and November 19.

This post first appeared on thesun.co.uk

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