Tax News Links

Have you received your Tax Credit Renewal pack?

Have you received your Tax Credit Renewal pack?

*Please note the information in this article may be out of date

HMRC have said that anyone who has not yet received their Annual Declaration Pack (Tax Credit Renewals) by the 28th of June should contact HMRC. If your income levels has changed in the last few months or is likely to in upcoming months, you will need to complete one of these forms. The closing date for receipt of completed Annual Declaration Packs in 31st July.

Due to another drop in the Tax Credit Disregard this year, there is an increased risk that many taxpayers may find themselves owing HMRC money due to the over payment of tax credits. For more on this topic see our article's check your tax credits, or you could be out of pocket; and also another drop in the Tax Credit Disregard.

 

129