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Where Taxpayers and Advisers Meet

HMRC FoI Tax calculations

Cash_Is_King
Posts:2
Joined:Sat Dec 25, 2021 12:59 pm
HMRC FoI Tax calculations

Postby Cash_Is_King » Sat Dec 25, 2021 1:20 pm

Hi,

I am working and have savings (that earn interest) all in UK.
HMRS are automatically sent gross information, form my banks and Building societies, as to how much profit/interest I have earnt on my savings and earnings.
With this information HMRS calculate how much TAX I need to pay and obtains this by adjusting my TAX allowance.
Is is possible to obtain a full breakdown from HMRC (so that I can see which building society has declared what interest I have gained) of how my TAX was calculated?

Thanks for reading.

pawncob
Posts:5090
Joined:Wed Aug 06, 2008 4:06 pm
Location:West Sussex

Re: HMRC FoI Tax calculations

Postby pawncob » Sun Dec 26, 2021 8:28 pm

No. You have to do it yourself.
With a pinch of salt take what I say, but don't exceed your RDA

Cash_Is_King
Posts:2
Joined:Sat Dec 25, 2021 12:59 pm

Re: HMRC FoI Tax calculations

Postby Cash_Is_King » Mon Dec 27, 2021 12:04 am

After I wrote the question I was recommended to ask?
Have you tried asking?


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