More than seven million households across the UK have now received a £301 cost of living payment directly from the Department for Work and Pensions (DWP). A ‘small number’ of payments have still to be made and will continue until May 17, 2023.
HM Revenue and Customs (HMRC) is making direct payments to more than one million families in receipt of Tax Credits - the payment window opened on May 2 and will close on May 9. The payments are part of a package of wider UK Government support announced to tackle the cost of living in 2023-24, including a further £300 for eligible claimants in the autumn, with a final lump sum of £299 due in spring 2024.
A new impact analysis of the cost of living payments includes projections of the number of claimants due to receive the next round of support in the autumn - and it shows a significant increase.
