Millions of tax credit claimants are starting to receive the second cost-of-living payment. HMRC has confirmed that the cash is beginning to be rolled out.
Yesterday (November 22), the Government body announced that payments were due to be sent out to tax credit-only claimants from today (November 23). It has now confirmed that "payments have started to arrive as planned".
Angela MacDonald, HMRC’s deputy chief executive, 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.”
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HMRC advised that tax credit customers who believe they are eligible but have not received a £324 payment between the below payment dates should wait until December 7 to contact HMRC. This is to allow time for their bank, building society or credit union to process the payment.
The full list of payment dates for HMRC and Department for Work and Pensions (DWP) claimants is detailed below.
When you’ll be paid
| Benefit or tax credits | Cost-of-living payment | When you’ll be paid |
|---|---|---|
| Universal Credit | £326 | Between 14 and 31 July 2022 for most people |
| |
£324 | Between 8 and 23 November 2022 for most people |
| Income-based JSA | £326 | Between 14 and 31 July 2022 for most people |
| |
£324 | Between 8 and 23 November 2022 for most people |
| Income-related ESA | £326 | Between 14 and 31 July 2022 for most people |
| |
£324 | Between 8 and 23 November 2022 for most people |
| Income Support | £326 | Between 14 and 31 July 2022 for most people |
| |
£324 | Between 8 and 23 November 2022 for most people |
| Pension Credit | £326 | Between 14 and 31 July 2022 for most people |
| |
£324 | Between 8 and 23 November 2022 for most people |
| Tax Credits | £326 | Between 2 and 7 September 2022 for most people |
| |
£324 | Between 23 and 30 November 2022 for most people |
Eligible claimants should look out for the reference ‘HMRC COLS’ on their bank statements confirming the second payment.
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