Staff News - September 2022

HMRC Cost of Living payments

The UK Government has introduced a Cost of Living Payment of up to £650, paid in two lump sums of £326 and £324, for eligible households receiving certain benefits or tax credits to help with the cost of living.

HMRC's first Cost of Living Payment to 1.1 million claimant families receiving tax credits will be made between 2 and 7 September 2022.  The first HMRC payments will total around £360 million.

HMRC have started to issue these payments.

If tax credits customers believe they are eligible but have not received a £326 payment between the published payment dates, they should wait until 16 September 2022 to contact HMRC. This is to allow time for their bank, building society or credit union to process the payment.

The UK Government is offering help for households. Customers should check GOV.UK to find out what cost of living support you could be eligible for.