HM Revenue and Customs (HMRC) is urging customers to renew their tax credits, with the deadline for doing so looming on July 31. Failing to renew will see payments stop. So far, 1,301,072 people have already renewed their tax credits. But, HMRC have revealed that on Wednesday this week, 760,157 people were yet to renew.
Tax credits help working families with targeted financial support.
Angela MacDonald, HMRC’s Director General of Customer Services, said: “The 31 July deadline is fast approaching and renewing your tax credits is something too important to forget.
“HMRC support is available at all times of the day and night via GOV.UK and the smartphone app to help customers get their renewals right.
“It’s fantastic that so many customers have already renewed their tax credits.
“I urge those who are yet to renew to do so as soon as possible, in order to avoid having their payments stopped.”
The Gov.uk website states that people who are claiming tax credits will be sent a renewal pack, which explains how to renew tax credits.
“You must renew your tax credits by 31 July 2019 if your renewal pack has a red line across the first page and it says ‘reply now’,” it says.
Missing the deadline will mean tax credits payments will stop, it is warned.
Additionally, the government website states that the individual would then have to repay any tax credits which have been received since April 6, 2019.
“You’ll be sent a statement and will have to pay back the tax credits you’ve been given since 6 April 2019,” the website states.
Some people may be automatically renewed, the government website says.
“If your renewal pack says ‘check now’, check your details to make sure they’re correct,” it says.
“You do not need to do anything if your details are correct. Your tax credits will be automatically renewed.”
How to renew tax credits
HMRC are reminding tax credits recipients that the renewal process can be carried out at any time, day or night, via HMRC’s online services – including the HMRC App.
It’s also possible to renew tax credits by sending the form back in the post – although it’s important to bear in mind that the deadline is on Wednesday July 31.
One can also call the Tax Credits helpline.