Tax credit claimants should expect a letter from HMRC this week as the Government department writes to recipients about the latest cost of living payment. Letters should arrive between now and Friday (November 18).
The letter sets out the details of the second payment outlining how much you'll receive and when. If claimants are eligible and receive tax credits, and no other qualifying benefits, it says they will receive a second cost of living payment from HMRC totalling £324 to help with everyday costs.
To get the second cost of living payment of £324, tax credit-only customers must have received (or later receive) for any day between August 26, 2022, and September 25, 2022, either a payment of tax credits for the tax year 2022 to 2023 or an annual award of at least £26 of tax credits for the tax year 2022 to 2023.
