Don't miss the tax credit deadline

You only have until 31 July to renew your claim for this year

Updated: 

Don't miss the tax credit deadline

If you're on a low income or have children, tax credits can be worth thousands of pounds a year – and you've only until 31 July to renew your claim for this year.

Each new financial year anyone eligible for tax credits needs to renew their application by the July deadline. Miss it and payments will stop, meaning you'll need to repay any payments since April and reapply.

How to renew

Most people receiving tax credits will have been sent a renewal pack saying "reply now", detailing what you need to do. It's possible the pack will just say "check now". If that's the case, check everything is correct, and if so, you'll be automatically renewed.

If you've not got a pack, call the tax credits helpline– though you won't need to renew if you've first applied since 6 April 2016.

How much will you get?

The amount you receive in Child Tax Credits and Working Tax Credits depends on a few factors, including household income, age of children and whether your children have a disability.

If circumstances have changed since your last application or renewal, you could get more or less. Since they're often estimates for the next 12 months, it might be you were given too much, or too little, last year, so you might have to pay back any overpayments.

What about Universal Credit?

If you're claiming Universal Credit (UC), you can't also get tax credits as UC is replacing many other benefits. However, if you haven't yet started or been moved to UC, you'll still be able to renew and make new claims for tax credits.

This article is provided by the Money Advice Service.



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