HM Revenue and Customs (HMRC) recently confirmed that more than one million families receiving Tax Credits, and no other means-tested benefits, will get their second cost of living payment next month.
Payments for £324 are due to be made between Wednesday November 23 and Wednesday 30, 2022. The Department for Work and Pensions (DWP) has now shared why the payments are not being made at the same time as those for eight million people claiming means-tested benefits, who are due to receive the financial support between November 8th and 23rd.
Former DWP Minister, now the new Attorney General in Rishi Sunak’s Cabinet, Victoria Prentis MP, recently explained that payments are being made later to avoid the risk of overpayments in case someone receives two payments.
Ms Prentis said: “HMRC issues payments to people on Working Tax Credits after the other payments have been made, to allow time to ensure those who claim Tax Credits as well as a means tested benefit do not receive the payment twice.
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