Millions of households all across the UK will soon receive extra financial support from the government in November.
It comes as the government prepares to roll out the second half of the £650 Cost of Living Payment from November 8. Near the end of November, those claiming Tax Credits will also receive a Cost of Living payment from HM Revenue and Customs (HMRC).
It means that the most vulnerable in society should be able to receive extra financial support to help them get through the cost of living crisis during a difficult winter. 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.