Articles and information in relation to UK Payroll for business, employers and employees.
DWP is urging Tax Credit claimants to respond to their Universal Credit migration notices so they continue to receive benefits. Tax credits are closing in April 2025 and claimants must respond to their migration notices to continue receiving benefits. Those affected have three months from the date on their migration notice to apply for Universal … Continue reading Six months to move from Tax Credit to Universal Credit
Tax credits claimants are due to receive their renewal notice from 2nd May. Around 730,000 tax credits claimants will start receiving their annual renewal notices from this week. HM Revenue and Customs (HMRC) said claimants will receive them between 2nd May and 19th June 2024. The vast majority will be automatically renewed. Notices with a … Continue reading Time to renew for tax credits
HMRC encourages sign up to Help to Save, the government savings scheme, after revealing savers shared £146 million in bonus payments. Help to Save account holders have received £146 million in bonus payments since the scheme launched in September 2018 and HM Revenue and Customs (HMRC) is urging individuals to take advantage of the generous … Continue reading £146 million in bonus payments for Help to Save
Millions of households across the UK will receive £300 directly from the Department for Work and Pensions (DWP) between 31st October and 19th November. Millions of households to receive £300 from DWP between 31st October and 19th November 2023 This is the second of 3 payments totalling up to £900 supporting eligible people on means-tested … Continue reading Cost of Living payment dates
Tax credits are coming to an end, and most people will need to apply for Universal Credit instead. You won’t be moved automatically, so it’s important to act quickly, otherwise your benefits will stop, you will need to claim Universal Credit by the deadline Apply for Universal Credit Universal Credit is the replacement benefits system … Continue reading Tax Credits are ending
The deadline for tax credits customers to renew their claim is on 31st July. HM Revenue and Customs have indicated that mote than 171,350 tax credits claimants have until 31st July 2023 to renew their annual claim and is urging them to not miss out. Claimants who received a renewal pack with a red line … Continue reading Not renewed you tax credit claim? You have less than a week until the deadline!
Do you have a Tax credit - don’t forget to renew before the 31st July 2023 deadline. According to HMRC, the quickest and easiest way to renew via the free to use HMRC app or online - and no need to call HMRC or use a third party agent. 📱 The HMRC app is available … Continue reading Renew your tax credit
Please share this message with your networks, to help raise awareness of the Help to Save scheme with those who may be eligible The governments’ Help to Save scheme for those on low incomes, has been extended until April 2025. The scheme offers a bonus of 50p for every £1 saved. Savers can deposit between … Continue reading Help to Save extended to April 2025
HM Revenue and Customs (HMRC) is to issue 1.5 million annual tax credits renewal packs for the 2023 to 2024 tax year between 2nd May and 15th June 2023. Claimants will have until 31st July 2023 to check the information is correct and notify HMRC of any changes to their circumstances which may affect their … Continue reading Tax credits – 1.5 million renewal packs
Now we are in the new tax year, it may be a suitable time to check your tax code. Millions of employees are probably not on the tax code that is appropriate to them. If your annual earnings are under £100,000, then you are likely to be entitled to an amount of free pay of … Continue reading Want to check your tax code?
Tax credits only customers will receive their second Cost of Living payment from 23rd November 2022. More than one million claimant families receiving tax credits, and no other means-tested benefits, will get their second Cost of Living Payment from Wednesday 23rd November 2022, HM Revenue and Customs (HMRC) has confirmed. This £324 government payment will … Continue reading Families claiming tax credits to receive second Cost of Living Payment from 23rd November 2022
Taxpayers who have reclaimed tax payments using the repayment agent Tax Credits Ltd since December 2021 are being directly refunded by HMRC. HMRC found that up to 60,000 taxpayers who used the repayment agent Tax Credits Ltd signed up through a new online process. The company introduced the process in December 2021 and following an investigation, … Continue reading HMRC refunding Tax Credits Ltd clients
More than 33,600 have successfully used the HMRC app to renew their tax credits claim so far this year, a 39% increase on last year. Tax credits are there to help working families with targeted financial support, so And it is important that claimants act to renew before the 31st July 2022 deadline to ensure … Continue reading More than 33,600 tax credits customers use HMRC app to renew
About 2.1 million tax credits claimants will begin to receive their annual renewal packs from HM Revenue and Customs (HMRC). The packs will be sent between 25th April and 27th May 2022, and claimants have until 31st July 2022 to check their details are and update HMRC if there has been a change in circumstances. … Continue reading 2.1 million tax credits packs issued
Around 24,000 HMRC claimants with a Post Office card account have just three weeks left to update with new payment details before the 30th November 2021 deadline, or risk having payments paused. From 1st December 2021, HMRC will stop making tax credits, Child Benefit and Guardian’s Allowance payments to Post Office card accounts. HMRC is … Continue reading Time or running out for claimants with post office card accounts
HMRC urge tax credits and Child Benefits customers with Post Office card accounts to update HMRC with their new bank account details by 30th November 2021. From 1st December 2021, HM Revenue and Customs (HMRC) will stop making payments of Child Benefit, Guardian’s Allowance and tax credits into Post Office card accounts. If this is … Continue reading Time is running out for tax credits and Child Benefit customers with Post Office card accounts
HMRC is urging Working Tax Credit customers to check if they need to update their working hours if these have reduced as a result of coronavirus. During the pandemic, Working Tax Credit customers have not needed to tell HMRC about temporary short-term reductions in their working hours as a result of coronavirus - for example … Continue reading Working Tax Credit claimants must report changes to working hours
The purpose of this treasury direction extension is to provide a support payment of £500 to persons entitled to working tax credit for a period which included 2nd March 2021, but who did not qualify to receive the original support payment under the initial direction. Further Treasury Direction made under Section 76 of the Coronavirus … Continue reading Treasury Direction – HMRC to make payments under the Coronavirus support scheme: working households receiving tax credits (Extension).
The Low Incomes Tax Reform Group (LITRG) is urging people who missed the 31 July tax credits renewals deadline to contact HMRC urgently to restart their tax credit payments. Meeting the 31 July deadline was crucial for those who were told to contact HMRC to renew their tax credits. HMRC stop tax credit payments to … Continue reading Act quickly to get your tax credits reinstated
Tax credits claimants have until 31st July to renew their tax credits claim or risk their payments being stopped. If you haven’t completed you renewal already, don’t delay, renew now. As the deadline approaches, claimants are being urged not to leave their renewal until the last minute and risk their payments being stopped. You can … Continue reading Only a few days left to renew tax credits – act now
HM Revenue and Customs (HMRC) is reminding 440,000 tax credits customers they have one month left to renew their tax credits claims ahead of the 31st July 2021 deadline. More than 2.5 million annual tax credits review packs were posted to customers between late April and early June. Customers will have either received an ‘auto-renewal’ … Continue reading 440,000 tax credits customers still to renew claims