Cost of living payment
The Government Budget includes an announcement that a Cost of Living Payment will be made to eligible people who earned up to $70,000 during the period from 1 April 2021 to 31 March 2022 and are not eligible for the Winter Energy Payment.
The payment of $350, paid in three instalments of approximately $116, will be made by Inland Revenue from 1 August 2022. There is no application process. Inland Revenue will pay the amount automatically to people’s bank accounts.
More information will be provided as soon as it is available, in the meantime, full coverage of the Budget announcements is available at www.budget.govt.nz
