Five loopholes that could stop you from getting £324 cost of living payment directly into bank account
MILLIONS of households will see the second half of the £650 cost of living payment hit their accounts within weeks.
It follows a £326 payment to struggling households over the summer.
Now the second half worth £324 is set to land from November 8, just as winter sets in and bills are going up.
The help was first announced in May by former Chancellor Rishi Sunak in a bid to help Brits struggling with rising bills.
The payments are made automatically to those getting certain benefits including Universal Credit.
More than eight million people will get the much-needed cash - but some people could miss out.
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Half a million people missed out already because of a loophole, new figures reveal.
And unfortunately the same could happen with the second half of the payment.
Most people on Universal Credit and certain other benefits will get the cash - with some exceptions.
You need to be getting one of these payments in the qualifying period, which is August 26 - September 25.
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But crucially you need to have got a Universal Credit payment of at least a penny in this period.
Unfortunately there are some instances where the benefit can reduce to zero in an assessment period.
You still have an ongoing claim for the benefit, but for one month you get nothing.
If this happens at the same time as the cost of living payment qualifying period, then you won't get the cash.
Below, we explain four ways that you could end up not getting the payment.
You got a bonus
When you're in work and on Universal Credit your payments are reduced the more you earn.
This is known as the taper rate and for every £1 you earn over a certain amount your Universal Credit payment is reduced by 55p.
You may have a certain amount you can earn first before the taper rate applies -this is known as the work allowance.
Otherwise it applies to all your earnings.
If you get a bonus payment this can push up your earning to an amount where your Universal Credit reduced to zero for the month.
Unfortunately if this happens at the same time that qualifying period for the cost of living payment, it could mean you don't get the cash.
You worked overtime
The same could apply if you have done overtime in the period August 26 - September 25.
If you earn more than usual from working more hours, this could also reduce your Universal Credit to zero.
This means you could miss out on the first half of the cost of living cash worth £324.
You got a pay rise
Another reason you could earn more and therefore see your UC payment reduced to zero is if you got a pay rise.
While this is good news as you'll earn more, it could push some to get zero UC and means they could just miss out on the extra cash.
You get paid every four weeks
A quirk of Universal Credit is that people who get paid every four weeks sometimes find two pay days fall in one monthly assessment period.
That means your UC could fall to zero in that month.
If it's the same month as the cost of living payment qualifying period, you could miss out.
You're sanctioned
Another reason you could loose the cash is if you've been sanctioned.
Sanctions are applied if you fail to keep up with your work search commitments, like going for interviews or meeting your work coach.
This can reduce your Universal Credit payment and in the worst case leave you with no payment at all.
An award of zero in the qualifying period due to sanctions means you don't get the cost of living cash.
If you miss out on the cash because of sanctions, you could try appealing it if you think it's unfair - read our guide on how to do that.
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There is an exception to the rule and some people who get a nil award WILL get the cost of living cash.
The government guidance says that if it's reduced to zero because you have deductions like rent or money you owe, then you will still get the payment.