More than a million yet to renew tax credits: don't miss 31 July deadline

24 July 2018

More than one million people have yet to renew their tax credits, with just one week to go before the deadline of 31 July, according to the latest figures from HMRC.

Moneywise and HMRC are urging those recipients who are yet to renew their tax credits to do so before the end of the month or risk losing valuable benefits.

Renew tax credits

Existing claimants should have been sent a renewal pack. If it says ‘reply now’ and has a red line across the first page you will need to do so before 31 July. If your renewal pack says ‘check now’ you will need to check the details held by HMRC to ensure they are still correct. You don’t need to do anything if the information is correct and up to date.

If your details have changed, you will need to respond. Failure to inform HMRC of any changes by 31 July could result in your payments stopping or a fine being issued.

You can renew tax credits by post or online.

To renew, you will need your national insurance number, your total income, including that of your partner, for the last tax year and details of any changes in circumstances.

What are tax credits?

Tax credits are paid to workers on a low income, disabled workers and those that are responsible for children. There are two forms: the child tax credit and working tax credit.

You could be eligible for the child tax credit if you are responsible for a child under 16 (or 20 if in eligible further education or training). You do not need to be in work.

Working tax credit is available to those working a certain number of hours each week and aged between 16 and 24 with a child or certain disability, or aged over 25 with an income below a certain level.

You cannot claim tax credits and universal credit at the same time.

Get help if you need it

If you have any questions about claiming or renewing tax credits you can call HMRC’s tax credit helpline on 0345 300 3900.

Alternatively, you can download the HMRC app available on AppStore or Google Play or check out the HMRC service on Amazon Alexa. Questions can also be posted on the HMRC Facebook page or tweeted to @HMRCcustomers.

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