Claim tax credits? Renew early or you could miss out
Updated 2:03pm Sunday 11th May 2014 in News
ALMOST 50,000 people who receive tax credits in Gloucestershire are being reminded by HM Revenue and Customs (HMRC) to renew early to avoid a last minute rush before the deadline.
In the Stroud district, 5,800 people claim tax credits, making up a small portion of the 49,600 claimants in the county.
Claimants need to tell HMRC about any changes to their circumstances that they have not already reported, including changes to working hours, childcare costs, and income, or if a partner has moved in.
HMRC has begun sending tax credits renewal packs to about 5.8 million households. The packs are sent out between April and June.
HMRC’s Director of Benefits and Credits, Nick Lodge, said: “People in Gloucestershire should check their details and renew early to make sure they get the right money.
“Don't leave it; people who don't renew on time risk losing their payments."
HMRC’s phone lines become busy as late July nears, so the earlier claimants renew their claims the quicker and easier they will find it.
More than three million claimants renewed by the deadline last year, 86 per cent of those who were required to renew their claims.
Claimants are urged to have the right documents available to help reduce mistakes when they are checking their form or calling HMRC’s Tax Credits Helpline, including payslips, end of year P60 forms and childcare payment details.
Claimants can get help and information on tax credits renewals from visiting gov.uk/browse/benefits/tax-credits or calling 0345 300 3900.