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How do I qualify for tax exemption savings
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Please do not worry about what the tax office will do. You seem to doubt the caculations/what we said ( sensible-don't believe everything that MSE say lol) but I am confident about what I say here.I've just been on some website and from what I can gather my personal allowance is under £6,000 and when I put my details in, it said I wasn't allowed to fill out an R85. So I assume that means I won't be allowed to fill out an R40, so I'm not going to coz I'm scared of what the tax office will do if I fill these forms out
Why not pop down to your local tax office with details of your pensions, benefits and savings interest and a blank copy of R40?
The tax person can talk you through the process and may even help fill out the latest form for you, leaving you to do the other 5 years worth.
Please claim back what you are due.0
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