HM Revenue and Customs (HMRC) recently confirmed that it issued payments of £326 to more than one million people on Tax Credits during the first week of September as part of the UK Government’s £37 billion cost of living financial support package.
Dates for the second payment, worth £324, have still to be confirmed, but are due “from winter 2022”. However, in a new update from the Department for Work and Pensions (DWP), which announced that means-tested benefit claimants will receive their second payment next month, it also indicated that Tax Credits claimants will get their money soon after those payments have been made.
DWP will pay eligible claimants between November 8 and 23, and said that people currently receiving Working Tax Credits or Child Tax Credits, can expect to receive £324 “shortly after people on the low income DWP benefits have been paid”.