More than 8.3 million cost of living payments of £301 for people on eligible benefits, including Universal Credit, Pension Credit and Tax Credits, landed in bank accounts across the country between April 25 and May 17, 2023. However, the Department for Work and Pensions (DWP) has now updated online guidance to enable claimants who think they might be due the payment to report it missing.
The money is the first part of the £900 means-tested cost of living financial support with further payments of £300 and £299 due in the autumn and spring 2024 respectively. A recent impact analysis of the cost of living payments published on GOV.UK suggests an additional 42,000 households will qualify for the £300 due this autumn.
To use the ‘Report a missing £301 Cost of Living Payment for a low income benefit or Tax Credits’ form on GOV.UK, you will need your National Insurance number.