The Department for Work and Pensions (DWP) recently announced that more than 8 million households across the UK will receive a cash payment from next month to ease the rising cost of living pressures. The first instalment of the £650 will land in bank accounts from July 14, continuing to the end of the month.
People who claim both a means-tested benefit and Tax Credits from HM Revenue and Customs (HMRC), will receive the £326 from DWP next month. Claimants who only receive either Working Tax Credits or Child Tax Credit will receive the first of their two payments later this year - a date has still to be announced.
However, some people are still unsure if the payment for £326 is for an individual or if it’s per household. DWP has now clarified the July payment details with the Daily Record following a flood of member questions on the topic in our Money Saving Facebook group.