Support for working families affected by Coronavirus given an extra boost
Families who benefit from government funded childcare support were given a boost today as the Government announced that they would not lose out due to COVID-19.
Families who benefit from government funded childcare support were given a boost today as the Government announced that they would not lose out due to COVID-19.
Tax credits customers have just one week left to tell HM Revenue and Customs (HMRC) about changes to their circumstances or income before the deadline on 31 July 2020.
Around 163,000 people have signed up to the government’s Help to Save saving scheme – depositing more than £4 million, Her Majesty’s Revenue and Customs (HMRC) reveals today.
Over 132,000 people have signed up to the government-backed savings account Help to Save – depositing more than £31.4 million.
HM Revenue and Customs (HMRC) is reminding customers that they must renew their tax credits by the 31 July – or their payments will stop.
More than 90,000 people have signed up to the Government’s new saving account – Help to Save – depositing over £13 million.
Start a new saving habit in 2019 and get a 50% boost - New app tool to help savers set goals and personal reminders
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.