UK Investment Guides Loader

Call from HMRC as deadline approaches to renew tax credits

written by Bella Palmer

The 330,000 tax credit recipients in the East of England are being urged to renew before the July 31 deadline to avoid having their payments stopped.

According to HM Revenue and Customs (HMRC) 410,00 customers across the UK had their payments stopped or altered last year after missing the deadline to inform the government body of changes in their circumstances, such as changes to working hours, income and childcare costs.

Rachel McLean, HMRC’s interim director general of customer services, said improvements had been made to the online services and app including a stop-and-start feature.


This article is for information purposes only.

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

Share this post with friends!