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HomeFinanceHMRC issues one month warning as 300,000 people risk losing benefits

HMRC issues one month warning as 300,000 people risk losing benefits

Each year, Tax Credit claimants must renew their claim and around 300,000 claimants still need to do this by the deadline at the end of next month

More than 300,000 people are being warned they have one month left to renew their Tax Credits or their payments will stop.

Each year, over one million Tax Credit claimants must renew their claim with HMRC and the deadline to do it this year is July 31 2023.

If claimants don’t renew by this deadline they risk having their payments stopped.

There are two types of Tax Credits that you could be entitled to – Working Tax Credit and Child Tax Credit and you can claim both at the same time.

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