Millions of Brits are struggling with the burden of the current cost of living crisis and next month a number of payments from the Department for Work and Pensions (DWP) will land in bank accounts.
Earlier this month (May) 900,000 households claiming tax credits received cost-of-living payments worth about £300 million in total. The payments of £301 were made by HMRC between May 2 and 9, in its first round of cost-of-living payments for 2023/24.
As reported by Lancs Live, so far the DWP and HMRC have made 8.3 million cost of living payments in 2023/24. These payments are being made in a way to tackle the current crisis with support, including a further £300 cost-of-living payment for eligible families in autumn 2023, with a payment of £299 in spring 2024.