The latest roll-out of cost of living payments is about to begin. Households across the country will soon begin to see payments land in their bank accounts with one million families set to receive £301 cost of living payment between April and May, HMRC has confirmed.
Nottinghamshire Live sister publication, Devon Live wrote that families are eligible if they claim tax credits from HMRC and no other Department for Work and Pensions (DWP) benefits, according to The Independent. The £301 will be automatically paid into most bank accounts between 2 May and 9 May for those eligible.
This will be the first of three cost of living payments tax credit claimants will receive, totalling up to £900 between 2023-24. The second and third payment are due in Spring 2024.
