4 January 2023
Government Cost of Living payments 2023/2024
HMRC have providing the following message about the next round of cost of living support payments for 2023/2024, announced by the Government:
'In November 2022, the Government announced the next round of cost of living support. Following the first and second Cost of Living Payments paid in 2022, up to £900 will be paid to eligible customers receiving means-tested benefits, including tax credits, in three new instalments throughout 2023 and 2024.
We can now confirm the seasons in which payments will be made. We will clarify exact payment dates and who is eligible for each payment closer to the time. As usual, payments are automatic and there is no need for customers to call us.
£301 - First 2023-24 Cost of Living Payment – paid during Spring 2023
£300 - Second 2023-24 Cost of Living Payment – paid during Autumn 2023
£299 - Third 2023-24 Cost of Living Payment – paid during Spring 2024
Please note that eligibility criteria is separate for each Cost of Living Payment. Receiving a previous Cost of Living Payment doesn’t guarantee a customer will be eligible for the next payment.
Information about the Cost of Living Payments can be found at https://www.gov.uk/guidance/cost-of-living-payment.'