HMRC is warning over 3 million people who receive tax credits
that they must renew claims by 31 July - or risk having their payments
stopped.
They are being urged to act as soon as they receive a renewal
pack from HMRC. Over 3.3 million claimants renewed by the deadline last year –
some 80 per cent of those required to do so.
Claimants will also be asked to double-check the accuracy of the
information in the pack and of any circumstantial changes not previously
reported during the year. These may include working hours, childcare costs or
pay.
Having the right documents to hand will help reduce errors when
they are filling out the form or calling the tax credits helpline. These would
be, for example, payslips, end of year P60 forms and childcare details.
In 2013, Universal Credit will be introduced and by 2017 all Tax
Credit customers will migrate to that benefit.
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