Hardworking people on low incomes are set to benefit from a new Government savings account that offers a 50% bonus. Help to Save will reward savers with an extra 50p for every £1 saved, meaning over 4 years a maximum saving of £2,400 would result in an overall bonus of £1,200.
Thousands of parents could be at risk of missing out on hundreds of pounds from their tax credits by accidently reporting their income incorrectly.
There’s just one week to go to the 31 July tax credit renewal deadline and HMRC is urging over a million customers yet to renew to do it online today because this is the quickest and easiest way.
New and innovative technology to help more than three million customers renew their tax credits by 31 July, has today been launched by HM Revenue and Customs (HMRC).
More than one million tax credit customers completed their renewal using the new online tools ahead of the 31 July deadline for the first time, HM Revenue and Customs (HMRC) revealed today.
As exam results are released in Scotland today, HM Revenue and Customs (HMRC) is reminding parents who receive Child Benefit and Child Tax Credits to inform them of their child’s educational status ahead of 31 August, otherwise payments will stop.
With just one week to go until the 31 July tax credit renewal deadline, HM Revenue and Customs (HMRC) is urging the 960,000 customers that are still to renew to do it now – or risk having their payments stopped.
HM Revenue and Customs (HMRC) and Concentrix have agreed to end, with immediate effect, the contract through which Concentrix provided additional capacity to check tax credits claims and reduce error and fraud in the system.
People are being warned to renew their tax credits so their payments don’t stop, with only seven days to go until the deadline.
More than 750,000 people renewed their tax credits online, almost doubling last year’s figure, HM Revenue and Customs (HMRC) revealed today.
More than half a million people have renewed their tax credits online, 278,000 more than at the same time last year.
Fraudsters are targeting tax credits claimants with scam emails, fake websites and text messages in the run-up to the 31 July renewals deadline, HM Revenue and Customs (HMRC) warned today.
HMRC is responsible for making sure that the money is available to fund the UK’s public services and for helping families and individuals with targeted financial support.
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