News from Bolton at Home
Here you'll find our most recent news articles, from important tenant updates and new housing developments, to new community initiatives and activities.
Here you'll find our most recent news articles, from important tenant updates and new housing developments, to new community initiatives and activities.
If you’re on means-tested benefits, you could soon receive the first of two Cost of Living Payments due to you this year.
If you’re eligible, you won’t need to do anything. You’ll get a first instalment of £326 in the same way you receive other entitlements, between today (14 July) and 31 July 2022.
You’ll get the £326 during July if you received a qualifying benefit (Universal Credit, Income-based Jobseeker’s Allowance, Income-related Employment and Support Allowance, Income Support, or Pension Credit) between 26 April and 25 May. A second instalment of £324 will be paid to you by the end of September, as we understand it at the time of writing.
If you receive tax credits and no other eligible benefits, you’ll receive your first instalment this autumn and the second in winter. They’ll again total £650.
Please note that if you get both Child Tax Credit and Working Tax Credit, you’ll receive one set of Cost of Living Payments (linked to Child Tax Credit only). You won’t get double the £650.
These payments are part of a Government package of support to help with rising living costs.
We understand that around eight million people should receive the Cost of Living Payments this year. If you’re one of them, you don’t need to contact or apply through the Department for Work and Pensions, Her Majesty's Revenue and Customs, or anyone else. You’ll receive your instalments automatically.
Other related government payments and support that we know of:
These payments aren’t taxable and won’t affect the benefits or tax credits you already receive.
More details about the Cost of Living Payments and eligibility here: www.gov.uk/guidance/cost-of-living-payment
There’s helpful information about the further support available from the government here: https://costoflivingsupport.campaign.gov.uk
If you’d appreciate some support with money matters, try our Money Advice Team.
Between April 2021 and March 2022, we helped households save or gain a total of £10.7 million.
Just phone us on 01204 328000 or email us at moneyadviceteam@boltonathome.org.uk to see if you’re losing out on what should be yours, and possibly more money in your pocket.