The Department for Work and Pensions (DWP) has confirmed when those on tax credits will receive their second cost of living payment. The UK government is rolling out a £324 cost of living payment to millions of households next month, the second in a support package worth a total of £650 announced earlier this year.
Earlier this summer millions of people on means-tested benefits such as universal credit, income-based jobseeker’s allowance, income support and pension credit received £326 from the department. The DWP recently confirmed benefits claimants would receive the second payment between November 8 and 23 and will be paid automatically into the bank that people receive their benefits.
And now it has been confirmed when those who get tax credits from HMRC will receive their money. To get all the latest money-saving news straight to your inbox twice a week sign up here.