hmrc

picture of teenagers with a piggy bank

Thousands of teenagers missing out on Child Trust Fund cash

Teenagers are being urged by HMRC to check if they have a pot of money waiting for them in a Child Trust Fund.

From: HM Revenue & Customs , HM Treasury , and John Glen MP

Published 7 September 2021

HM Revenue and Customs (HMRC) is today urging young people to check if they have a hidden pot of gold – in the shape of a Child Trust Fund (CTF).

It is now...

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HMRC can help with childcare costs as children head back to school

HMRC is reminding families eligible for Tax-Free Childcare that they can use the scheme to help with their childcare costs.

From: HM Revenue & Customs

Families may be eligible for Tax-Free Childcare to help pay for breakfast and after school clubs as children go back to school.

Eligible families can save money on their childcare and benefit from a government top...

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Deadline looms for parents to update Child Benefit for 16 year olds

Families with children staying in full-time non-advanced education or approved training post 16 must inform HMRC by 31 August to receive Child Benefit.

From: HM Revenue & Customs

Published 18 August 2021

HM Revenue and Customs (HMRC) is reminding parents and carers they have until 31 August 2021 to confirm whether their teenagers are staying in full-time...

Picture of a mum on a laptop with her children in the kitchen

Less than one week left to renew for tax credits customers

Tax credits customers have until 31 July to renew their tax credits claim or risk their payments being stopped.

From: HM Revenue & Customs

More than 300,000 tax credits customers have just under one week to renew their claims before the 31 July 2021 deadline, HM Revenue and Customs (HMRC) has warned.

As the deadline approaches, customers are being urged...

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One million families claiming tax credits to receive Cost of Living Payment from 2 May

HMRC announces date for the first Cost of Living payment during the 2023 to 2024 tax year, for tax-credits only customers.

One million eligible claimant families receiving tax credits, and no other means-tested benefits, will get the first Cost of Living Payment for the 2023 to 2024 tax year from Tuesday 2 May 2023, HM Revenue and Customs (HMRC) has confirmed.

The £301 government...

picture of children at a childcare setting

Your questions answered about Tax-Free Childcare

As parents around the country are busy arranging their childcare for the Easter holidays and planning ahead for the rest of the year, Parenting Daily asked the policy experts at HMRC about Tax-Free Childcare and how our readers could (and should) be benefitting from it:

Q: What is Tax-Free Childcare?

A: Tax-Free Childcare is a government funded top-up scheme to help eligible families...

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