HM Revenue and Customs (HMRC) will be sending out around 1.5 million annual Tax Credits renewal packs for the 2023 to 2024 financial year between May 2 and June 15, 2023. More than 500,000 claimants will have until July 31, 2023, to check their information is correct and notify HMRC of any changes - or risk having their payments stopped.
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 and complete the packs before the summer deadline. There are two types of renewal packs being sent out by HMRC.
If the pack has a red line across the first page and says ‘reply now ’, people will need to confirm their circumstances to renew their Tax Credits. If it has a black line across the first page and says ‘check now’ , people will need to check their details are correct - if they are, they do not need to do anything and their Tax Credits will automatically renew.
