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Query re completing revenue form R40

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Comments

  • glider3560
    glider3560 Posts: 4,115 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    jem16 wrote: »
    Yes that's correct.

    3.1, 3.2 and 3.3 is for interest where tax has already been deducted.

    3.4 is for any interest that you get paid gross.
    I've always thought this was a really confusing system. Surely it would be easier to do away with 3.4 and just put everything in 3.3?
  • gilly56
    gilly56 Posts: 85 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    edited 25 April 2010 at 4:22PM
    Also, I think some may mistakenly include their ISA interest in this section 3.4 which they don't need to include at all! They should put reminder beside this section that it's for non-ISA gross interest.
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