There is just one week left for tax credits customers to notify HM Revenue and Customs (HMRC) of changes to their circumstances or income before the 31 July 2020 deadline.
Those who have had changes to their circumstances or income within the last year or anyone who has received a letter from HMRC to confirm income details must contact HMRC.
Failure to update HMRC could result in incorrect tax credits payments and lead to having to repay overpayments.
HMRC’s Director General for Customer Services, Angela MacDonald, said:
“Tax credits provide much needed financial support to our customers. But we know that many customers leave it to the last minute to renew their tax credits award.
“The time to renew your tax credits is now, you don’t need to wait until deadline day on 31 July.”
Customers need to contact HMRC as soon as possible if they disagree with any information they recieved in an annual review pack or letter. Or if you are self-employed an the income HMRC holds for 2019/20 is an estimate because you have not yet filed your tax return, you will have until 31st January 2021 to tell HMRC of your income.
How to renew your tax credits
Renew tax credits online. Customers can log into GOV.UK to check their progress of their renewal, be assured its being processed, and find out when they will hear back from HMRC.
Use the smartphone HMRC App to renew tax credits, check payment schedule and find out how much they have eared for the year.
Customers can get help and information on renewing tax credits:
- On GOV.UK at https://www.gov.uk/manage-your-tax-credits
- Using our webchat service, by going to GOV.UK and searching for ‘tax credits general enquiries’
- By tweeting @HMRCcustomers or posting on their Facebook page with general queries
- By using the HMRC App, available via your phone’s app store
- Using the online forum (click on Tax Credits and You)
- By calling the tax credits helpline: 0345 300 3900
