BUSINESS
HMRC warns tax credit recipients about deadline
ients are being reminded by HM Revenue and Cus- toms (HMRC) that they must renew claims by the July 31 deadline - or their payments may stop. They are urged to act as soon as they receive a renewal pack from HMRC. More than 3.3 million claimants renewed by
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RGYLL and Bute’s 7,000 tax credit recip-
the deadline last year, 80 per cent of those who were re- quired to renew their claim. The department is also asking claimants to double-check the accuracy of the information in the pack. HMRC may make follow-up queries with claim- ants’ employers, to check on the correctness of some of the information.
Claimants must also let
HMRC know of any changes in their circumstances that they haven’t already reported during the year. These could be about their working hours, childcare costs or pay. If asked, they must also provide details of the previous year’s income.
Having the right documents to hand will help reduce errors
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