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For the UK families claiming tax credits, they will receive their second Cost of Living Payment from Wednesday the 23rd of November.

Those eligible won’t need to claim for the additional financial help themselves as the £324 government payment will be automatically paid into their account between the 23rd – 30th of November 2022.

This second payment will see more than 8 million households across the UK receive their £324 cost of living cash boost and follows the first cost of living payments of £326, which eligible families received from the Department for Work and Pensions (DWP) from July and HMRC from September.

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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.

“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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