HMRC has warned thousands of people could see valuable payments stopped if they fail to respond to a letter over the next few weeks. Hundreds of thousands of poeple who get tax credits will start getting their annual renewal notice between May 2 and June 19, 2024. While the vast majority of claims will be automatically renewed, some will need to check their information and renew their claim. Fewer than 10,000 people will need to take action, but those who must, will need to do so by July 31. Failing to renew means they risk having their tax credits payments stopped. They could also end up havi…