Monday, 23 April 2012

Tax Credit claimants urged to renew as soon as possible

HM Revenues and Customs (HMRC) are urging claimants to renew their Tax credits as soon as possible after they receive they renewal packs.  Claims have to be sent in by 31 July or claimants risk losing out on their payments.  HMRC says that in 2011, only 80 per cent of those entitled to their Tax credits claimed them.

Claimants are also told to double check their claims forms to ensure that all details are accurate and to notify HMRC of any changes in their circumstances, such as child care costs, a change in working hours, or a change in pay, which haven't already been notified; claimants are also advised to have documents such as payslips, end of year P60 forms and childcare details with them when filling out their forms.

Steve Lamey, Director of Benefits and Credits for the HMRC, said:

"People should aim to renew their tax credits as soon as they receive their pack, and they need to make sure their details are correct. The sooner they renew, the sooner we can make sure they are getting the right money."

"Our message is - renew early, renew accurately and renew on time. If claimants don't renew their claims before 31 July, payments may stop."

"2013 will see the introduction of Universal Credit, which will by 2017 see the migration of all our Tax Credit customers to that benefit. It is therefore even more important that customers ensure that the data that we hold about their claim is accurate prior to their migration to Universal Credit."

For help with filling out Tax credit forms visit: http://www.direct.gov.uk/en/MoneyTaxAndBenefits/TaxCredits/Keepingyourtaxcreditsuptodate/Renewingtaxcreditsclaim/index.htm

or call 0345 300 3900.



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