Households all across the country will soon receive their first Cost of Living payment of the year from HM Revenue and Customs (HMRC).
While more than 4 million have already received the £301 support payment, those who solely claim Tax Credits and no other benefits have had to wait longer. According to HMRC, around one million households should expect to receive the payment from Tuesday, May 2.
This will be the same amount of cash from the Cost of Living payment that millions of other have been receiving since the start of the week, however, this will be rolled out by HMRC, instead of the Department for Work and Pensions (DWP). Tax Credit claimants should keep an eye on their bank account as the payment will come attached with the reference HMRC COLS.