Yorkshire news Exact dates 700,000 Yorkshire families will get £650 cost of living cash PremierLeague-News.Com

PremierLeague-News.Com - The government has announced when the payments are set to start and how much support will be available

Yorkshire news Exact dates 700,000 Yorkshire families will get £650 cost of living cash PremierLeague-News.Com

PremierLeague-News.Com - The government has announced when the payments are set to start and how much support will be available

Yorkshire news  Exact dates 700,000 Yorkshire families will get £650 cost of living cash PremierLeague-News.Com
22 June 2022 - 18:00

PremierLeague-News.Com - Breaking Sport Transfer News ! Thousands of households in Yorkshire will receive the first half of their £650 cost of living payment from July as part of the £1,200 support package. The money will be paid automatically to those who receive Universal Credit, income-based Jobseekers Allowance, income-related Employment and Support Allowance, Income Support, working tax credit, child tax credit and pension credit. It will be split in two instalments. The first payment of £326 will be paid from July 14 and the second (£324) sometime in autumn. The payments are designed to be deliberately unequal to minimise fraud risks. Read more:National Insurance tax cut from July 6 as how much extra money you'll get paid is revealed A total of 722,000 families in Yorkshire will be eligible for the payments, the government has said. To be eligible for the first instalment, people must have been entitled to their benefits payments by May 25. This payment will be tax-free, will not count towards the benefit cap, and will not have any impact on existing benefit awards. Thousands of households in Yorkshire will receive the payments from July Tax credit claimants will also receive their first instalment of the cost of living payment from HMRC later this year. The Department for Work and Pensions has now revealed how many people in each part of the country will receive the new financial support. They have also revealed that the disability top-up will land in bank accounts in September 2022. These figures show that nearly one in four UK families will receive the means-tested benefit cost of living payment, whilst nearly one in ten of the population will get the £150 disability top-up.

News source = PremierLeague-News.Com

. This one-off payment totalling £650 is part of our £37 billion cost of living support package that will put an extra £1,200 into the pockets of those most in need." If customers are eligible through receiving tax credits only, HMRC will contact them and issue payments automatically, with the first instalment being made from autumn. DWP will administer payments for customers on all other eligible means-tested benefits, and customers do not need to contact them or apply for the payment. Support includes the direct cost of living payment of up to £650 for over 8 million households on eligible means-tested benefits, a separate £300 payment for pensioners, and a £150 payment for eligible disabled people, which can be paid on top of the £650 payment. This is on top of £400 for all households to help with energy bills, and an extra £150 for properties in Council Tax bands A-D, meaning millions of the lowest-income households will receive at least £1,200 in support this year. This is all in addition to changes to the Universal Credit taper rate and work allowances worth £1,000 a year on average for 1.7 million working claimants, a rise in the National Living Wage to £9.50 an hour, and a tax cut for around 30 million workers through a rise in National Insurance contribution thresholds. The government has also expanded support for the Household Support Fund – which helps people with food and energy bills – with an extra £421 million, on top of £79 million for devolved nations; the total value of this support now stands at £1.5 billion. Fuel duty was also cut by 5p per litre for 12 months in March, and alcohol duty has been frozen for 2022/23. Read next: Six business will pay staff bonuses up to £2,000 including a big high street bank Shoppers face staggering £380 annual increase to food bills with £100 rise in last month alone We went to a Yorkshire market to see how much food £40 buys in a cost of living crisis Seven hacks that can help drivers save hundreds at filling stations Get breaking news by email by signing up to our newsletters Read More Related Articles Virgin Media criticised over £25 'doorbell tax' charge Read More Related Articles Universal Credit payment dates set to change in July - what you need to know

Source = PremierLeague-News.Com

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