Tax credits help working families with targeted financial support, so it is important that people do not miss out on money they are entitled to. Customers can renew their tax credits for free via GOV.UK or the HMRC app. For details on how to renew, search ‘manage my tax credits’ on GOV.UK.”HMRC has released a video to explain how tax credits customers can use the HMRC app to view, manage and update their details. Circumstances that could affect tax credits payments include changes to:living arrangementschildcareworking hours, orincome (increase or decrease)By the end of 2024, tax credits will be replaced by Universal Credit. Customers who receive tax credits will receive a letter from the Department for Work and Pensions (DWP) telling them when to claim Universal Credit.

Source: Express April 26, 2023 06:50 UTC