HMRC will stop paying Tax Credits, Child Benefit and Guardian Allowance to Post Office card accounts from April 5, 2022 – this means you need to update your details me before this day
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Thousands of Britons have HMRC benefits are paid to Post Office card account only a few weeks left to redirect their payments.
If you don’t redirect benefits before this date, HMRC will hold your payments until you contact them.
Customers can choose to receive their HMRC benefits into a bank, building organization or credit union account.
The change to Post Office card account payments took effect on November 30 of last year.
It was pushed back to allow more people time to arrange a new payment method.
There are still about 13,000 people receiving these benefits paid to the Post Office card account in November 2021.
What do I need to do next?
If you have already set up another bank account, you can contact HMRC to let them know your new details.
Your benefit payments will then be sent to this account instead of your Post Office card account.
If you need to set up a new bank account, you should let HMRC know your new details as soon as your new account is up and running.
The amount you receive in your benefits and payment dates from HMRC will not be affected by these changes.
You can update your Personal Tax Account or Child Benefit Account online at Gov.uk or by calling 0300 200 3100.
Anyone who receives the tax credits can change their account details online via Gov.uk by calling the tax credit helpline on 0345 300 3900.
Post Office card accounts will also be closed for recipients of benefits from the Department of Work and Pensions (DWP).
This includes those who receive General Creditstate pension or other DWP benefits.
However, those affected by this change will take longer to redirect their payments as the deadline to arrange a new payment is November 30, 2022.
For those who claim benefits from the DWP and who don’t want to open a bank account, you will be able to use the Payment Exception Service.
Worried about your Post Office card account being closed? Let us know: email@example.com
The Payment Exceptions service allows you to withdraw cash using a payment card, email voucher or text message containing a unique reference number.
Either method must be introduced at a PayPoint agent, at stores and newsstands, in order to receive your benefits.
If you don’t update the DWP with your new details by next November, you will automatically be switched to the Billing Exception Service.
The Billing Exception Service is only available to DWP claimants and not to HMRC benefit recipients.
Should I close my Post Office card account?
If you have arranged for your benefit payments to be sent elsewhere, you can ask the Post Office to close your account before the relevant deadline.
But you should only do this once you’ve received your first benefit payment into an alternate account so you know you’re still getting your money.
When you’re ready to close your account, fill out form P6703 at your local Post Office.
You can also call the Post Office on 0345 722 33 44 for help with closing your account.
https://www.mirror.co.uk/money/benefit-claimants-weeks-left-update-26349500 Claimants have weeks left to update payments or risk money being stopped