Thousands of Brits are at risk of losing cash from their bank accounts as the tax credit deadline is fast approaching. As much as £3,000 in child tax credits and working tax credits is at stake for those who haven't acted by tonight.
HMRC says around 222,600 claimants risk having their payments stopped. Parents must renew benefits by midnight on Sunday (July 31).
Claimants should receive a renewal pack in the post explaining everything they need to know about renewing 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.
HMRC director general for customer services Myrtle Lloyd said: "It’s great to see so many customers have already renewed their Tax Credits. I urge those who are yet to renew to do so as soon as possible, in order to avoid having their payments stopped."
You can renew over the phone by calling HMRC on 0345 300 3900. By post, you need to fill in the forms in your renewal pack, and send it to: Tax Credit Office, HM Revenue and Customs, BX9 1LR.
