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Adding value by
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Latest News

Mandatory vaccinations for those working in care homes
24/06/2021 - More...
The government has published its response to its consultation on making COVID-19 vaccination a condition of deployment

Tax Diary July/August 2021
24/06/2021 - More...
1 July 2021 - Due date for Corporation Tax due for the year ended 30 September 2020. 6 July 2021 - Complete and submit

Childcare top-up to cover summer activities
24/06/2021 - More...
As the school holidays fast approach, many parents face having to organise extra school holiday childcare over the

Reminder to look out for tax credit renewal packs

Source: HM Revenue & Customs | | 06/05/2021

HMRC has begun sending the annual tax credit renewal packs to some 2.5 million tax credit claimants and is encouraging recipients to renew their tax credits claim online. The packs are being sent out over the next 6 weeks and should be with recipients by 4 June 2021. 

A renewal is required if the pack has a red line across the first page and it says, 'reply now'. Families and individuals that receive tax credits should ensure that they renew their tax credit claims by 31 July 2021. Claimants who do not renew on-time may have their payments stopped. 

If the renewal pack has a black line across the front page and says ‘check now’, then you will need to check your details are correct. Taxpayers need to notify HMRC where there have been changes to the family size, child care costs, number of hours worked and salary. Details of previous year's income also need to be completed on the form to allow HMRC to check if the correct tax credits have been paid. Claimants must also inform HMRC of any changes in circumstances not already reported during the year such as new working hours, different childcare costs or changes in pay.

Taxpayers are not required to report any temporary falls in their working hours as a result of coronavirus. They will be treated as if they are working their normal hours until the Coronavirus Job Retention Scheme closes.

Universal credit will eventually replace tax credits, and some other social security benefits. You cannot claim tax credits and Universal Credit at the same time.



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Milton Avis LLP
Chartered Accountants
Pitt House
120 Baker Street
London W1U 6TU

Tel : 020 3219 5860
E-mail : This email address is being protected from spambots. You need JavaScript enabled to view it.

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