More than 300,000 people are being warned they have one month left to renew their Tax Credits or their payments will stop.
Tax Credits are benefits to help working families with targeted financial support.
The amount you could get in Tax Credits depends on your income, as well as other factors including whether you have any children.
But now HM Revenue and Customs (HMRC) has issued a reminder to customers ahead of a July 31 deadline.
HMRC says around 323,000 claimants risk having their payments stopped if they don't renew their claim by this point.
There are two types of Tax Credits that you could be entitled to - Working Tax Credit and Child Tax Credit.
These will be replaced by Universal Credit by the end of 2024.
Myrtle Lloyd, HMRC director general for customer services, said: "There’s just one month to go for our Tax Credits customers to renew.
"It’s easy to do online or on the HMRC app – search ‘Tax Credits’ on GOV.UK."
A charity is also urging people to check what benefits and other funds they may be entitled to but not receiving amid the cost-of-living crisis.
Polling for CAS carried out by YouGov found that fewer people now feel embarrassed to make a claim for benefits than they did two years ago.
In a sample size of 1,504, one in eight people felt too embarrassed to claim a benefit to which they were entitled, compared to one in five in 2020.
What changes do I need to tell HMRC about?
You should receive a renewal pack in the post explaining everything you need to know about renewing your Tax Credits.
Not everyone needs to take action.
If your renewal pack has a red line across the first page and says "reply now" then you will need to renew your tax credits.
But if it has a black line and says "check now" you just need to check your details are correct.
If there is a change in a customer’s circumstances that could affect their Tax Credits claim, then you must report this to HMRC.
Circumstances that could affect Tax Credits payments include changes to:
- living arrangements
- childcare
- working hours
- income
When is Tax Credits being replaced by Universal Credit?
Tax Credits are ending and will be replaced by Universal Credit by the end of 2024.
Many customers who move from tax credits to Universal Credit could be financially better off and can use an independent benefits calculator to check.
But if you choose to apply for Universal Credit before the switch, do your research and ideally get independent advice beforehand.
This is because you will not be able to go back to Tax Credits or any other benefits that Universal Credit replaces.
From changes to National Insurance, to the start of cost of living payments worth £650, there are plenty of money updates to be aware of in July.
There are also updates to new cars being sold, and more energy help available for struggling households.
We explain here all the key changes date-by-date and how they affect you and your money.
Last month The Mirror reported that Brits on benefits could be in line for thousands of pounds after a Government mistake when paying out welfare cash.
One man got £12,000 in backpaid Personal Independence Payment (PIP).
There are two issues that mean benefits claimants could be owed cash.
The first is specific to PIP. In 2017 a court ruling said PIP assessments were discriminating against people with mental health conditions.
Some claimants were underpaid, and others were denied altogether.
The Department for Work and Pensions (DWP) has been going back and repaying people who should have been getting more in PIP payments.
However, if you think you may be affected you should contact DWP directly.
The second reason claimants could be owed DWP cash is because there were underpayments totalling £2.6billion between April 2021 and April 2022.
