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Where Taxpayers and Advisers Meet

Search found 9 matches

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by sleepycat
Mon Mar 18, 2019 4:56 pm
Forum: Savings & Investments, Pensions & Retirement
Topic: how can I see what savings interest figures HMRC holds for me
Replies: 18
Views: 3899

Re: how can I see what savings interest figures HMRC holds for me

I came across advice on this issue in this link https://www.telegraph.co.uk/money/ask-a-money-expert/when-does-the-interest-on-my-fixed-rate-bond-contribute-to-my-pe/ An HMRC spokesman said: “In general, interest counts towards a saver's PSA when it 'arises' - that is when it is received, or made av...
by sleepycat
Sat Mar 16, 2019 10:00 pm
Forum: Savings & Investments, Pensions & Retirement
Topic: how can I see what savings interest figures HMRC holds for me
Replies: 18
Views: 3899

Re: how can I see what savings interest figures HMRC holds for me

I am not trying to get HMRC to waive the tax bill for 2016-17. I haven't had a tax bill for 16-17 but would imagine that if they have screwed up the tax for 17-18 and 18-19 then 16-17 is probably wrong too as it was the 16-17 year where the change to the way savings interest was being handled for ta...
by sleepycat
Fri Mar 15, 2019 4:25 pm
Forum: Savings & Investments, Pensions & Retirement
Topic: how can I see what savings interest figures HMRC holds for me
Replies: 18
Views: 3899

Re: how can I see what savings interest figures HMRC holds for me

Robbob I got a letter from HMRC in November 17 telling me that they were getting savings interest figs from banks. The letter said "you don't have to do anything at his point...HMRC will now use information received from banks and building societies to calculate any tax owed on savings interest...we...
by sleepycat
Thu Mar 14, 2019 5:40 pm
Forum: Savings & Investments, Pensions & Retirement
Topic: how can I see what savings interest figures HMRC holds for me
Replies: 18
Views: 3899

Re: how can I see what savings interest figures HMRC holds for me

HMRC failed to include an amount for savings interest on my 2016-17 tax code or to issue me with an amended tax code in 2016-17 despite going public with the information that they were receiving information about savings interest from banks etc. They have not issued me with any P800 tax calculation ...
by sleepycat
Thu Mar 14, 2019 5:39 pm
Forum: Savings & Investments, Pensions & Retirement
Topic: how can I see what savings interest figures HMRC holds for me
Replies: 18
Views: 3899

Re: how can I see what savings interest figures HMRC holds for me

HMRC failed to include an amount for savings interest on my 2016-17 tax code or to issue me with an amended tax code in 2016-17 despite going public with the information that they were receiving information about savings interest from banks etc. They have not issued me with any P800 tax calculation ...
by sleepycat
Mon Mar 11, 2019 3:58 pm
Forum: Savings & Investments, Pensions & Retirement
Topic: how can I see what savings interest figures HMRC holds for me
Replies: 18
Views: 3899

Re: how can I see what savings interest figures HMRC holds for me

D&C - thank you for your reply Firstly I did try to use the Personal Tax Account online - it wasn't easy and contrary to what I expected it contained simply the grossly distorted figure of untaxed interest which appears on my P800 - so no further forward - no indication of the institutions the inter...
by sleepycat
Sat Mar 09, 2019 4:23 pm
Forum: Savings & Investments, Pensions & Retirement
Topic: how can I see what savings interest figures HMRC holds for me
Replies: 18
Views: 3899

Re: how can I see what savings interest figures HMRC holds for me

Dear Robbob and D+C Thank you both for your detailed advice. I wish I could understand all of it which is a big part of my problem. I hear what you are saying about telephoning them but I have difficulty processing information orally and can only really take in information in writing - not sure HMRC...
by sleepycat
Tue Feb 19, 2019 1:05 am
Forum: Savings & Investments, Pensions & Retirement
Topic: how can I see what savings interest figures HMRC holds for me
Replies: 18
Views: 3899

Re: how can I see what savings interest figures HMRC holds for me

Thank you both for the helpful replies. If I could come back to you D&C, I note what you say however perhaps you can shed some light on what I have received from HMRC. I got 2 letters both dated 30 January. The first has the heading "Tax calculation for the year 6 April 2017 to 5 April 2018. You hav...
by sleepycat
Sun Feb 17, 2019 9:13 pm
Forum: Savings & Investments, Pensions & Retirement
Topic: how can I see what savings interest figures HMRC holds for me
Replies: 18
Views: 3899

how can I see what savings interest figures HMRC holds for me

I have just received a tax calculation from HMRC for the year 2017-18 telling me I underpaid tax because of the amount of savings interest HMRC believes I earned. As a consequence they have sent me a revised tax code to for the remainder of this tax year 18-19 to collect the unpaid tax.Iin the 2017-...

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