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HSBC Succes - quick interest question
chiefcrust
Posts: 11 Forumite
Just had my redress offer fom HSBC 
It says to contact HMRC about the interest which is taxable - Does anyone know if they will give me a figure of what I owe over the phone and can I pay it off there and then?
Thanks
It says to contact HMRC about the interest which is taxable - Does anyone know if they will give me a figure of what I owe over the phone and can I pay it off there and then?
Thanks
0
Comments
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You pay 20% of the interest as tax and then reclaim at end of year if there is an overpayment of tax based on your income and personal allowance.0
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