On 20 September, the Department for Work and Pensions (DWP) announced that households in the UK will receive £300 between 31 October and 19 November.

This is the second of three payments totalling up to £900 for those eligible and on means-tested benefits, such as Universal Credit, Pension Credit, or tax credits, in 2023 to 2024, and eligible pensioner households will also receive a further £300 payment later this year as an addition to the Winter Fuel Payment.

The cost of living payment will be sent out automatically and directly to recipients, meaning those eligible do not need to apply, contact the government, or take any action to receive it. This includes tax credits-only customers who will receive the payment from HM Revenue and Customs between 10 and 19 November 2023.

DWP continues to encourage low-income pensioners to check their eligibility for Pension Credit, as they could still qualify for both the second cost-of-living payment as well as the third payment due in Spring 2024.