How to Renew Tax Credits Online
Tax credits can now be renewed online in a matter of minutes. There is no need to wait until 31 July deadline to start the renewal process. In fact, HMRC would prefer it if claimants renewed their tax credits earlier rather than later.
First it’s necessary to have a copy of the tax credits renewal pack (these are sent out from the end of April onwards) before logging onto the government site for managing tax credits. This is located at https://www.gov.uk/manage-your-tax-credits.
Any changes in circumstances must be made to HMRC during the claim renewal. These include changes in working hours, income and child care costs.
750,000 people renewed their tax credits online in 2015 and it is expected that number will increase again this year. The average length of time it takes to complete a claim is 6 minutes (extenuating circumstances may change this).
HMRC also has a special team to help those who cannot go online.
Nick Lodge, HMRC’s Director General, Benefits and Credits, has said:
“Our online service means that you can renew at any time of the day or night, and on any device, without having to call us. Online help can also answer most queries you may have and a web chat facility will be available to support people renewing online. We urge everyone who can to go online.
“Our customers should check their details and renew early to ensure they get the right money. The sooner people renew their claim, the sooner we can check payments are correct, meaning we avoid paying too little money, or too much, which claimants then have to pay back.”
It should be noted that if tax credits are not renewed before 31 July then payments will cease and the claimant may then be required to pay back what they have received between April and then.
- Claimants can get help and information on renewing tax credits:
- Customers can access their personal tax account at https://www.gov.uk/personal-tax-account