Millions of households all across the UK will soon receive the second half of the £650 Cost of Living payment.
Those who are found to be eligible by the Department of Work and Pensions (DWP) will see £324 land in their bank accounts from November 8. Meanwhile, those who claim Tax Credits have now been told they should expect the Cost of Living payment from HM Revenue and Customs (HMRC) from November 23.
It means that the most vulnerable in society should be able to receive extra financial support to help them get through the cost of living crisis during a difficult winter. 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.