Tuesday, 6 May 2014

Tax Credit Renewal Deadline


People receiving tax credits may expect to receive an annual renewal pack anytime between now and June 28.

HMRC do not send them all out at once, so different people will get them at different times. However, it is very important to respond to the renewal pack before the July 31 deadline.

The pack may include an annual declaration form and an annual review notice. Those who receive both they must reply by the deadline even if they don’t want to claim tax credits again, because the renewal process is also a check that a person has received the right amount for the previous year.

Those who fail to meet the deadline will find that their tax credit payments will stop, and money may have to be paid back to HMRC.

The tax credit helpline is 0345 300 3900.

Tax does have to be taxing.

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