Around 1.1million people across England, Wales and Scotland will start seeing a £326 Cost of Living Payment from the Government land in their bank accounts from today. Friday marks the start of the payment period for those in receipt of tax credits.
It is part of extra help announced by the Government earlier this year to help people deal with the cost of living crisis. Those in receipt of certain benefits are also eligible, receiving £650 in two parts, one of which has already been issued, with the second £324 to come in the autumn.
Today, however, those getting tax credits will start receiving a £326 boost. There are three different types of payment available, according to the Department for Work and Pensions (DWP):
