Cost of living payment of £324 to be made to more than a million families from tomorrow
More than a million families are set to get a welcome cash boost with the next £324 cost of living payment.
People who claim tax credits in the UK will get their second cost of living payment - worth £324 - from tomorrow, November 23. More than a million families get the payments and will receive the extra cash to help with the rising cost of living with those on Universal Credit or Pension Credit having already received theirs, Wales Online reports.
The first payment was made in the summer, and this money is designed to help with rising energy and food bills. The money will go straight into the account where your tax credits appear between November 23 and November 30.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.
In total, more than eight million homes will get a payment this month. The government has announced further Cost of Living Payments of up to £900 for people on an eligible low income benefit, £300 for pensioner households and £150 for people on an eligible disability benefit. The guidance will be updated when more details have been announced, including the qualifying dates and payment dates.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Millions of people to receive £324 payment from tomorrowCost-of-living support payments will be sent out starting tomorrow.
Read more »
Cost of living crisis: Staying afloat 'til the price is rightTeam Weekend DMorris_Star HeatherL_Star MattPanterMedia awaywithmedia count the cost of the economic crisis. CostOfLivingCrisis
Read more »
Severn Trent ramps up support efforts in cost crunch as profits soarSevern Trent will give 10,000 hours of free skills and employability training in communities and schools to support people into their first job, or back into work throughout the Midlands.
Read more »
Cost of living: Eco-friendly options that could save moneyYoung people are repairing their broken things to help their finances - but it also helps the planet.
Read more »
Inconsiderate parking could cost a life as experts warn to park safelyDangerous parking could kill as experts warn to think before parking.
Read more »
Cost of living: Energy suppliers failing struggling customers - OfgemFailings included setting debt repayments so high that customers could not top-up their pre-payment meters.
Read more »