HM Revenue and Customs (HMRC) is making the payments to eligible tax credits customers between November 10 and 19
HM Revenue and Customs is giving the cash boost to those who receive tax credits and no other qualifying benefits to help with everyday bills. The payments will be to eligible tax credits customers across between Friday and Sunday, November 19.
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. The payment from HMRC to tax credits customers will appear on bank statements as HMRC COLS, referencing cost-of-living support. Those receiving the payment from DWP will see the payment reference as their national insurance number followed by DWP COL.
Receiving a previous cost-of-living payment does not guarantee people will get a future one. Recipients must meet the individual eligibility criteria for each payment, as published on gov.uk.
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