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Liverpool Echo
Liverpool Echo
Business
Ruby Flanagan & Gemma Jones

DWP shares code to look out for amid £301 cost of living payment

DWP HMRC Martin Lewis National Insurance Paul OGrady

The first Cost of Living payment will land in bank accounts starting from next month.

Those who are eligible will receive the £301 payment into their bank accounts from April 25 and the money should arrive by May 17. When it arrives it will show a special code on your bank statement.

The code to look out for to indicate you have received the Cost of Living payment will be "DWP COLP". The Department for Work and Pensions (DWP) has confirmed that the special code will also run alongside the claimant's National Insurance number, reported The Mirror.

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