Tax

Imelda

For the first time I had untaxed interest in tax year 2019/2020.  HMRC have sent me a demand but no breakdown of the interest declared by the banks - I cannot see how they got to their figure, it is wrong by some margin.
I also cannot see the information online - can everyone else? 

I have just spent a very frustrating 45 minutes on the phone to HMRC and got nowhere.
how do I report the interest? I cannot seem to set up an online self assessment account (it tells me I have one but the last time I used it was in 2008 and when I called today they could not see it- just my one account that I already use and so I cannot reset it). I assumed I would need to report the interest by online tax return but I can't! I have written to them and now called but no one is helping me.
The useless person I spoke to told me I need to tell my bank to report the interest but I have several and no idea what information they have already given. Should I just copy my interest certificates, send them to HMRC and let them sort it out?
It is also impacting on my tax code for this year - HMRC have issued three different ones so far this year based on "estimated interest" presumably from last year.
Help!

Albermarle

There is a rather long thread on this subject 
https://forums.moneysavingexpert.com/discussion/5947607/interest-details-on-hmrc-personal-tax-account-updated-to-include-how-to-access-interest-details/p1

Imelda

Thanks - I will have a look!

RG2015

The details of interest received broken down by individual banks used to be available online but are not now.

The HMRC link below, courtesy of @Dazed_and_C0nfused, advises that you should be able to get all the details by phoning HMRC.

https://community.hmrc.gov.uk/forums/customerforums/pt/cbe1bd87-c5c1-ea11-bf21-00155d977196

https://forums.moneysavingexpert.com/discussion/5947607/interest-details-on-hmrc-personal-tax-account-updated-to-include-how-to-access-interest-details/p51

Imelda

Thank you for your help, the lady I spoke to said she would post out the breakdown of my interest that has been reported to them. I shall update when I get it and quite how wrong it is.