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  • 1.1 million families claiming tax credits to receive first Cost of Living Payment from 2 September

    1.1 million families claiming tax credits to receive first Cost of Living Payment from 2 September

    Around 1.1 million claimant families receiving tax credits will get their first Cost of Living Payment from Friday 2 September 2022, HM Revenue and Customs (HMRC) has confirmed.
    This £326 government payment will be paid automatically into eligible tax credit-only customers’ bank accounts between 2 and 7 September 2022. The first HMRC payments will total around £360 million.
    Nadhim Zahawi, C

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