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The Money Edit
The Money Edit
Business
Tom Higgins

HMRC tax credit renewal packs: act quickly to avoid losing benefit payments

Woman looking stressed while managing her financial bills and tax documents.

If you are currently receiving tax credits, then you will have to renew to continue getting the benefit. The government will soon be sending out renewal packs - we explain what you need to do and when. 

Tax credits are payments made to those on low incomes and with disabilities intended to help with day-to-day living costs. But how much you receive is renewed on a yearly basis, which is why it is important you update your information before the July deadline.

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