Tax credit renewals

The tax credits renewal pack (TC603R) sent by HMRC to around one million claimants did not include all of the income information that is used to calculate their awards. HMRC has reassured individuals that tax credits payments made since the start of April 2020 are correct and based on the information that it holds and would normally use at this stage in the tax credits cycle to make provisional payments and renew awards. From 25 June 2020, HMRC has been writing to those affected, setting out all the information they need. HMRC also reminds claimants to notify any changes in circumstances for the purposes of tax credits by 31 July 2020.