HM Revenue and Customs (HMRC) has issued an important update regarding certain type of people who are in receipt of financial assistance such as child benefit.
HMRC Shares Important Child Benefit Update for Those Aged 34 and Younger
By Chourouk Derkaoui
Published on 6 November 2024 12:43
HM Revenue and Customs (HMRC) has published an update for people aged 34 or under who receive financial assistance, such as child benefit. Among its many other duties, the department that oversees tax, payments and customs in the UK also distributes certain benefits.
HMRC’s ‘Do One Thing’ Campaign for Talk Money Week
Early last week, HMRC sent out an alert asking recipients of tax credits, Guardian's Allowance and Child Benefit to ‘do one thing’. Anyone with a National Insurance number was also invited to take part in the campaign.
HMRC said: "Talk Money Week is an annual awareness initiative. The theme this year is 'Do One Thing'." The "one thing", the HMRC application, with the campaign specifically targeting people aged between 18 and 34.
Information on Gov.uk continues: "More than 1.7 million people are already using the HMRC app every month, which enables users to access services such as making a Child Benefit claim, finding their National Insurance number and a tax calculator to estimate their take-home pay.
"Between July and September 2024, 711,382 new users downloaded the app, and there was a 39% increase in app activity compared to the same period last year – up from 20.93 million sessions to 29.22 million. And nearly £300 million has been paid to HMRC via the app so far this financial year."
HMRC's Most Popular Application Features: Child Benefit and Pension Services
According to HMRC, between July and September this year, the most frequently used functions on the application were managing child benefit (1.6 million sessions), checking state pension contributions (1.9 million sessions) and viewing the annual tax summary (1.4 million sessions).
Martin Lewis is cautioning individuals that they only have half a year left to apply and boost their state pension by anywhere between £5,400 and a staggering £79,300.
Martin urgently warns his fans that time is running out to buy back the years of their National Insurance missing from their record. The National Insurance figures will determine the amount of your weekly pension when you retire.