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When do Lloyds & NatWest send P60 for tax paid on interest?

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As the title really. I've savings a/cs with both banks and just wondering when they send out P60 following tax year end April 2011.
fitzroy

Comments

  • System
    System Posts: 178,346 Community Admin
    10,000 Posts Photogenic Name Dropper
    Tax Certificates are being sent out by banks now. But the certificate is not a P60.

    I got my tax certificate from RBS today, so NatWest should be in the process of sending theirs too (Since they are in the RBS Group).

    Note, RBS (and probably NatWest) are stopping sending these as paper copies, this will be the last. In future they are being made available via online banking. So, from next year, if you need a paper copy you have to contact the bank to request one.

    I'm not sure about Lloyds.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Biggles
    Biggles Posts: 8,209 Forumite
    1,000 Posts Combo Breaker
    I've had the cert for one of my Lloyds accounts for a week or two; no sign of the others yet, though they usually come at once, maybe they're phasing them this year for some reason?
  • oldagetraveller
    oldagetraveller Posts: 3,653 Forumite
    Received my LloydsTSB annual interest/tax statements today (current & savings) along with the usual account statements.
  • Jake'sGran
    Jake'sGran Posts: 3,269 Forumite
    I've received a few in the last week or so. Just for information, a P60 is a certificate issued by an employer at the end of a tax year to show the amount earned and the tax paid.
  • fitzroy
    fitzroy Posts: 334 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Jake'sGran wrote: »
    I've received a few in the last week or so. Just for information, a P60 is a certificate issued by an employer at the end of a tax year to show the amount earned and the tax paid.

    I receive a P60 end of year certificate from each of my pension providers.
    fitzroy
  • AirlieBird
    AirlieBird Posts: 1,046 Forumite
    A P60 is provided for income taxed under PAYE which is why your pension providers have given you one. Savings interest is taxed under TDSI and the relevant documentation is a Section 975 certificate.
    Did you really mean to put loose?
    Lose: no longer possess, not to retain, unable to find
    Loose: not firmly or tightly fixed in place
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