HM Revenue and Customs (HMRC) has confirmed that more than one million families receiving Tax Credits, and no other means-tested benefits, will get their second cost of living payment next month. Payments for £324 are due to be made between Wednesday November 23 and Wednesday 30, 2022.
This £324 UK Government payment will be paid automatically into most eligible Tax Credit-only customers’ bank accounts - there is no need to apply. If you receive an email, text or phone call telling you that you need to claim the one-off payment, it is a scam.
Angela MacDonald, HMRC’s Deputy Chief Executive and Second Permanent Secretary, said: “This second Cost of Living Payment will provide further financial support to eligible tax credit-only claimants across the UK. The £324 will be paid automatically into bank accounts, so people don't need to do anything to receive this extra help.”
