December 18 2014 Latest news:

People who receive tax credits will need to renew their claims over the next few weeks if they want to avoid their payments being stopped.

To send a link to this page to a friend, you must be logged in.

HM Revenue & Customs said recipients need to take action when renewal packs drop through their letterboxes. Anyone who fails to do so by the end of July could see their payments come to an end.

Last year, more than 3.3 million claimants took action in time – but 20pc of eligible people failed to hit the deadline.

“People should aim to renew their tax credits as soon as they receive their packs,” said HMRC director of benefits and credits Steve Lamey.

“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.

“Renew early, renew accurately and renew on time.”

At the same time, the taxman is asking claimants to double-check the accuracy of the information in their packs. HMRC has the right to make follow-up queries with employers to check the accuracy of the information, so make sure it is accurate.

Claimants must also let the authorities know of any changes in their circumstances that have not already been reported, such as different working hours, childcare costs or pay.

Mr Lamey said: “Next year 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 we hold about their claim is accurate prior to their migration to universal credit.”

Tax-credit recipients need to be aware of changes that kicked in recently, such as a lower income limit for the child tax credit. And for couples with at least one child, there are new working-hours rules for the working tax credit.

Latest London news

0 comments

Promoted content

We've got a great selection of Secret Santa presents and stocking fillers for under a tenner...  (Photo by Matt Cardy/Getty Images)

Office Secret Santa: it’s a Christmas ritual that everyone dreads, but no-one wants to seem like a Scrooge by saying no. Never fear, London24 is here to make buying gifts for Dave in Accounts simple and stress-free, with a selection of presents for under a tenner

Money saving Christmas gifts to add to your shopping list!

It’s nearly time to go on the hunt for Christmas presents, stuck on what to get for your nearest and dearest? We’ve picked out a selection of great deals to get you started and to help you save some pennies!

London Bloggers

Thursday, November 27, 2014
The main room at the Museum of Comedy (Pic: Steve Ullathorne)

This week I visited the Museum of Comedy located at the corner of Museum Street and Bloomsbury Way in the crypt under St George’s Church.

Thursday, November 27, 2014
Bird Lovegod

I genuinely and honestly have only a slight problem when it comes to buying domain names.

Friday, November 14, 2014
Bird says back up your data

What happened after a friend of mine lost basically everything he’d created in the last 5 years:

Quizzes

Other articles

LDN24 Promotions

We've got a great selection of Secret Santa presents and stocking fillers for under a tenner...  (Photo by Matt Cardy/Getty Images)

Top 10 Secret Santa ideas under a tenner for your office Christmas party

Office Secret Santa: it’s a Christmas ritual that everyone dreads, but no-one wants to seem like a Scrooge by saying no. Never fear, London24 is here to make buying gifts for Dave in Accounts simple and stress-free, with a selection of presents for under a tenner

Read full story »

Money saving Christmas gifts to add to your shopping list!

Christmas gift guide 2014

It’s nearly time to go on the hunt for Christmas presents, stuck on what to get for your nearest and dearest? We’ve picked out a selection of great deals to get you started and to help you save some pennies!

Read full story »

Special Offer

Calling Small Businesses – here’s a great way to save money on broadband and phone line rental

XLN Telecom are offering small businesses three fantastic deals on business broadband and business phone line rental.

Read full story »