tax credits

picture of child tax credit

Everything you need to know about Tax Credits

Tax credits provide 1.5 million working families with targeted financial support to help them stay in work and raise their families. With the deadline for renewing your Tax Credits fast approaching, Parenting Daily put a list of questions to the experts at HM Revenue and Customs (HMRC) to ensure you have the answers you need.

What are Tax Credits?

There are two types of Tax Credits:...

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HMRC issues scam warning to tax credits customers

HMRC has issued a warning to tax credits customers, who are renewing their tax credits claims, to be alert to scammers trying to steal their information.

Tax credit claimants should be on their guard against fraudsters, as HM Revenue and Customs (HMRC) warns of the latest tactics being employed by scammers.

HMRC has issued a new alert, providing details of a number of new scams...

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Time is running out for tax credits and Child Benefit customers with Post Office card accounts

HMRC urges tax credits and Child Benefits customers with a Post Office card account to update HMRC with their new bank account details by 30 November 2021.

From: HM Revenue & Customs

Published 5 October 2021

From 1 December 2021, HM Revenue and Customs (HMRC) will stop making payments of Child Benefit, Guardian’s Allowance and tax credits into Post Office card accounts...

Picture of Tax credits written on a post it note with a calculator and notebook

Working Tax Credit customers must report changes to working hours

HMRC is urging Working Tax Credit customers to check if they need to update their working hours if these have reduced as a result of coronavirus.

From: HM Revenue & Customs

During the pandemic, Working Tax Credit customers have not needed to tell HMRC about temporary short-term reductions in their working hours as a result of coronavirus - for example if they were working fewer...

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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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