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Liverpool Echo
Liverpool Echo
World
Levi Winchester & Christopher Megrath

Major changes to tax credits, mortgages and cost of living payments throughout July

Multiple changes affecting people's finances are set to take place in July, ranging from price cap adjustments to cost of living payments.

From today, July 1, your money will face several major shifts as we progress through the month. If you are a recipient of cost of living payments, you can expect the final instalment to arrive in your bank account on July 4. Some payments may be sent at a later date but they are dependant on special cases.

You also only have until the end of the month, July 31, to renew tax credits or risk your benefits stopping. A full breakdown of all the major changes and when to expect them can be found below.

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