When will you get the £650 living allowance? Do you have to apply?

Pound coins and money

The cost of living in the UK has skyrocketed, leaving many households in trouble (Picture: Getty)

With the With the cost of living crisis hitting millions of households across the UK, Chancellor Rishi Sunak has confirmed a raft of additional support measures.

Soaring costs of petrol, utility bills, supermarket prices and more have seen families add hundreds to thousands of pounds to their regular bills.

And to help tackle the financial crisis, the Chancellor of the Exchequer in May confirmed a one-off living allowance of £650 to help those struggling the most.

Rishi said, “We must ensure that support is given to those who find the struggle too hard and the risks too great.”

The payment will be received by eight million households on the lowest incomes in the UK.

When will beneficiaries receive the £650 living allowance? And do you have to apply for it?

When will you get the £650 living allowance?

Rishi Sunak outside 10 Downing Street

Rishi Sunak confirmed a £650 bursary for those who need it most (Picture: Getty)

The sum will be paid directly to eligible households in two payments.

Those who are expecting will receive their first installment from July and the second in the fall, with the exact month to be confirmed.

The money is tax-free and does not affect benefit caps or existing benefit allocations.

Who is entitled to the living allowance?

Living expenses: The grant of £650 will be paid in two installments (Image: Getty Images)

Those households that receive needs-based benefits receive the subsidy.

This includes the following:

  • universal credit
  • Income-related unemployment benefit
  • social care
  • Employee tax credit
  • Income-related Employment and Support Allowance
  • child allowance
  • pension credit

Do I have to apply for a living allowance?

No – if you are eligible for the grant you will automatically receive the £650 spread over the two payments.

The Chancellor said: “Our policy this year will see a higher average payment of £650, while a 9% increase in the same benefits would only be worth an average of £530.”

MORE : How Costco uses psychological tricks to get customers to spend more — and how to get the best value

MORE : The cost of filling up a family car with petrol jumps to £100 the first time

MORE : The gig economy may not survive the cost of living crisis

Follow Metro on our social channels, on Facebook, Twitter and Instagram

Share your views in the comments below When will you get the £650 living allowance? Do you have to apply?

Justin Scacco

InternetCloning is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – The content will be deleted within 24 hours.

Related Articles

Back to top button