The date for the second Cost of Living payment will be made to families claiming tax credits has been confirmed by HM Revenue and Customs (HMRC). More than one million claimant families are in line for the cash.
Angela MacDonald, HMRC’s Deputy Chief Executive and Second Permanent Secretary, said: “This second Cost of Living Payment will provide further financial support to eligible tax credit-only claimants across the UK. The £324 will be paid automatically into bank accounts, so people don't need to do anything to receive this extra help.”
This latest payment comes on top of wider government support with the cost of living this autumn and winter, including the £150 Disability Cost of Living Payment, already paid to around 6 million disabled people. More than 8 million pensioner households will receive an extra one-off £300 Winter Fuel Payment this year.
