HM Revenue and Customs (HMRC) is warning an estimated 7,500 Tax Credits, Child Benefit and Guardian’s Allowance claimants they have just a few weeks left to switch their Post Office card account (POca).
HMRC will stop making payments to Post Office card accounts after April 5, 2022, which means those currently collecting their payments through POCa must notify HMRC of their new account details as soon as possible, so they don’t miss out on vital payments.
In November 2021, HMRC extended the deadline to the end of the financial year. The one-off extension to the contract meant customers could temporarily continue to receive their payments into their Post Office account, giving them extra time to set up new accounts and notify the department.