CREDIT CHECK

Just weeks left before benefits could be stopped – check if you’re affected

YOU could miss out on thousands of pounds a year if you don't renew your benefits within the next few weeks.

If you're claiming tax credits, you have until July 31 to file again for the year ahead.

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Make sure you check whether you need to renew your tax credits before July 31Credit: Alamy

If you don't renew your claim by the end of the month, you could be down on funds for a long time.

There are two types of tax credits - working tax and child tax credit.

Universal Credit has replaced both these for new claimants, but many have not yet made the switch over to the newer benefit.

HMRC told The Sun that, as of yesterday, the number of tax credits customers who still need to renew is 253,920.

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Around 2.5million claimants getting tax credits were sent renewal packs last year.

The amount you get is different for everyone - it depends on your income and other circumstances.

But payments can be worth as much as £3,545 for child tax credits or £3,345 for working tax credits.

If you're getting tax credits you should be sent a renewal pack to complete.

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This should have all the information you need in order to reclaim tax credits - if not, there will probably be another letter in the post, so keep an eye out.

Do I need to renew my tax credits?

HMRC sends out renewal packs explaining whether or not you need to renew or update your information. 

Those that need to renew will have a letter with a red line on it and the words “reply now”. 

People that need to check their details will receive a letter from HMRC with a black line and the words “reply now” on it.

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