More than 1 million people are set to receive a cost of living boost from the Department for Work and Pensions (DWP) next month.
You are eligible for the payment if you received a payment of tax credits for the tax year 2022 to 2023 between August and September, or an annual award of at least £26 of tax credits for the tax year 2022 to 2023 in the same two months.
HMRC deputy chief executive and second permanent secretary Angela MacDonald 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 towards the cost of living this autumn and winter, including targeted support and a £400 energy bills discount for households. The energy price guarantee, which limits the unit cost of energy, will be in place until April 2023. A Treasury-led review will be launched to consider how households should be supported after April.
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