HMRC will make the payments to people on Working Tax and Child Tax Credits between November 10 and 19, 2023.
An estimated 840,000 households in receipt of Tax Credits and no other qualifying benefits will receive their £300 Autumn cost of living payment between now and November 19, 2023. HM Revenue and Customs is making the payments automatically to eligible Tax Credits claimants, so there’s no need for anyone to apply.
For Tax Credits-only customers to be eligible for the £300 cost of living payment, they must have received a payment of Tax Credits in respect of any day in the period August 18, 2023 to September 17, 2023, or later be paid in respect of any day in this period. Angela MacDonald, HMRC's deputy chief executive and second permanent secretary, said: "The £300 cost-of-living payment will deliver further financial support to eligible tax credits customers across the UK. Another payment will be made by spring 2024 to those entitled to receive it.
If people have not received the cost of living payment between the published payment dates, but believe they are eligible, they should wait until after November 20 to contact HMRC. This is to allow time for their bank, building society or credit union to process the payment.
Tax Credits Cost Of Living Payment HM Revenue And Customs Eligible Claimants Department For Work And Pensions
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Council tax in Edinburgh would have to rise 20% to offset massive cutsHumza Yousaf angered local government leaders when he announced a national freeze last month.
Read more »
How I cut my tax bill by £20,000 – and boosted my pensionShe paid the maximum into her pot, reducing her taxable income from about £120,000 to £80,000
Read more »
Melrose voters approve tax hike after NBC10 found ‘deplorable' conditions at fire stationsA “Small Town Secrets” investigation uncovered a long list of issues with conditions inside the Melrose fire stations, including no heat in the winter,…
Read more »
China And India Challenge EU Over New Carbon TaxIndia and China strongly oppose the European Union's proposed Carbon Border Adjustment Mechanism, fearing it will hurt their exports.
Read more »
Council tax freeze prevents 20 percent increase in EdinburghTHE Labour-led council in Edinburgh could have increased council tax by 20 before the First Minister announced a freeze, it has been revealed.
Read more »
Second home owners in Scotland set to be charged double council taxThe Scottish government's draft regulations are subject to approval by MSPs. A consultation was held earlier this year in which 55% of respondents agreed that local authorities should be able to charge a council tax premium on top of regular rates for second homes.
Read more »