HMRC

Latest Update: Only One Month Left for Tax Credits Customers to Renew Their Claim

The annual deadline for tax credits customers to renew their claim is 31 July 2023. Otherwise, their payment may be stopped. Right away, more than 300,000 customers still need to confirm their circumstances for the current tax year to continue receiving payments. Changes to living arrangements, childcare, working hours, or change in income are all considered circumstances that may affect tax credits payments. To do it quickly and easily before the deadline, you are encouraged to go to the HMRC app to renew your tax credits.

HMRC

Brief: Unlock complete command over your tax dealings with HMRC, the official app from the UK Government. Join over 400,000 users per month who navigate their tax affairs with confidence and ease. Boasting a wealth of tax-related features, HMRC empowers you to monitor employer payments, manage tax credits, comprehend your tax code, and much more right at your fingertips.

📌 Core Features:

• Financial Overview: Keep tabs on salary and tax credit payments, and pinpoint your tax code 💼.
• Tax Insight: Determine your payable Income Tax and calculate net pay with precision 🧮.
• Tax Credit Management: Facilitate and update your tax credits efficiently 🗂️.
• Help to Save: Access and manage your Help to Save account, amplifying savings with government bonuses 💷.
• Form Tracker & Messages: Stay updated on HMRC form statuses and read official messages 📩.

👍 Pros:

• Ease of Registration: Rapid setup using just your National Insurance number and birth date 👤.
• Enhanced Security: Utilize face, fingerprint, or iris recognition for secure sign-ins 🔐.
• Real-Time Updates: Immediate access to information about salary, payments, and taxes ⏱️.
• Intuitive Tax Calculator: Adjust working hours or salary changes and see the impact on take-home pay 💡.
• Direct Communication: In-app messaging with HMRC for any queries or concerns 📬.

👎 Cons:

• Limited to UK Taxpayers: Exclusively designed for individuals within the UK tax system 🌍.
• Mobile Compatibility: Features might vary depending on the support of your mobile device 📱.
• Year-Specific Calculator: Tax calculator may be updated for specific tax years, might not cover all years 📅.
• Internet Dependency: Requires a stable internet connection for real-time updates 🌐.
• Government Account Dependency: Access is contingent on eligibility and having a government gateway account 🗝️.

💵 Price: The HMRC app is free to download and use with no hidden costs. It makes managing taxes and savings accessible without any financial burden.

Given the HMRC app's purpose and provided features, no community section applies as it is not a gaming app.