HM Revenue and Customs (HMRC) has confirmed that more than one million families receiving Tax Credits, and no other means-tested benefits, will get their second cost of living payment next month.
Payments for £324 are due to be made between Wednesday November 23 and Wednesday 30, 2022.This £324 UK Government payment will be paid automatically into most eligible Tax Credit-only customers’ bank accounts - there is no need to apply.
If you receive an email, text or phone call telling you that you need to claim the one-off payment, it is a scam.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.”Remember, this will be paid between November 23 and 30.You will be eligible for the second cost of living payment of £324 if you received, or later receive, for any day in the period August 26, 2022 to September 25, 2022 either:If you get both Child Tax Credit and Working Tax Credit, you will receive a cost of living payment for Child Tax Credit only.If you get Tax Credits from HMRC and a low income benefit from the Department for Work and Pensions (DWP), you will get a cost of living payment from DWP only.If you had a joint claim between August 26 and September 25, 2022, a single payment of £324 will be sent using the same payment method used between these dates, if you’re eligible.Your payment might come later, for example if you are awarded a qualifying benefit at a later date or you change the account your benefit or tax credits are paid into.The UK
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