The Government has announced that families across the UK who receive Tax Credits will get their £301 cost of living payment early next month.
The cost of living payment, which will be paid between May 2 and May 8, is the first instalment of the £900 support package announced by Chancellor Jeremy Hunt during November’s Autumn Statement.
More than one million families who receive Tax Credits and no other means-tested benefits will get the payment by HMRC. The second and third instalments are due later this year and early next, reports the Chronicle Live.