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Tax credits packs to be issued

About 2.1 million tax credits customers will begin to receive their annual renewal packs from HMRC.

The packs will be sent between 25 April and 27 May, and customers have until 31 July to check their details are correct and update HMRC if there has been a change in their circumstances.

Tax credits help working families with targeted financial support.I It is important that people do not miss out on money they are entitled to.

There are two types of renewal packs:

  • if it has a red line across the first page and says ‘reply now’, customers will need to confirm their circumstances to renew their tax credits
  • if it has a black line across the first page and says ‘check now’, customers will need to check their details are correct. If correct, customers do not need to do anything and their tax credits will be automatically renewed

About 630,000 customers will need to confirm their circumstances to renew their tax credits for the 2022 to 2023 tax year.

Tax credits can be renewed online at gov.uk or on the HMRC app

HMRC has released a video to explain how tax credits customers can use the HMRC app to view, manage and update their details.

The changes in circumstances that should be reported to HMRC are:

  • living arrangements
  • childcare
  • working hours, or
  • income (increase or decrease)

By the end of 2024 tax credits will be replaced by Universal credit, although the choice to move across can be made sooner. Once on Universal credit there will be no going back to tax credits though.

Read our other blogs here or contact us for advice on 01296 738 668.