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Tax Credit payments could stop if you do not report any of these changes within one month

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dailyrecord.co.uk

Tax Credits annual calendar as renewals for the additional financial support must be completed and returned to HM Revenue and Customs (HMRC) by July 31.

Regular payments of Working Tax Credit and Child Tax Credit are a vital source of income top-ups for thousands of claimants across the UK.

The ‘legacy’ benefits are gradually being phased out and only people currently receiving Tax Credits will continue to do so - new claimants will have to make a claim to the Department for Work and Pensions (DWP) for Universal Credit instead.

The amount of Tax Credit payment a person receives depends on a number of factors including how many hours they work, how much they are paid, their residential circumstances and whether or not they have a disability..

Read more on dailyrecord.co.uk
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