July tax credit deadline looms

With the 31 July deadline for renewing tax credits claims fast approaching, HM Revenue & Customs (HMRC) is urging families and individuals who haven't yet done so to renew their claims now.

Failure to renew your tax credits claim by 31 July will lead to your payments being stopped.

Renewing is simple - you need to check the accuracy of the information in the renewals pack you've been sent, and let HMRC know of any changes in your circumstances you haven't already reported during the year, such as your working hours, childcare costs or pay. You must also provide details of your previous year's income.

Having the right documents to hand will help reduce errors when you're filling out the form, for example, payslips, your end of year P60 form and childcare details.

HMRC's Director of Benefits and Credits, Steve Lamey, said: "Time is running out to renew your tax credits. Don't leave it until the last minute - get it done now, and ensure your payments continue after July."

HMRC has recently launched a series of new online help videos which take tax credit claimants step-by-step through the renewals process. They are available - as well as lots of other help and information on tax credit renewals - from the DirectGov website at direct.gov.uk/renewyourtaxcredits.