From September 2, 1.1 million families collecting tax credits will receive their first Cost of...
From September 2, 1.1 million families collecting tax credits will receive their first Cost of Living Payment.
HM Revenue and Customs (HMRC) has confirmed that around 1.1 million claimant families receiving tax credits will receive their first Cost of Living Payment on Friday, September 2, 2022.
This £326 government payment will be deposited into qualifying tax credit-only clients’ bank accounts between September 2 and 7, 2022. The first HMRC payments will be in the region of £360 million.
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