personal savings allowance

jooper

On income tax code notice forms there is a section regarding untaxed interest on savings which is deducted from the personal allowance that sum being the total amount of interest from savings at what point do you get personal saving allowance of the first £1000 before tax as it is not shown bring back the old system  

eskbanker

Despite the name, it's not a tax-free 'allowance' as such, it's a nil-rate band, so it's taxable income that's taxed at 0%.  Beyond that, it's difficult to comment further on your own coding notice without more details, so feel free to post the figures given on it, including what you're assumed to be earning in savings interest....

ColdIron

One word, punctuation

Dazed_and_C0nfused

You have to have taxable income of at least £17,271 to be able to use the savings nil rate band (aka Personal Savings Allowance).

It sounds as though HMRC estimate that your earnings/pension for 2021:22 will be less than your Personal Allowance and as such your untaxed interest is using up some of your spare allowances.

If the tax code deduction means you are paying tax on your earnings/pension then you need to update your estimated earnings/pension with HMRC so they can review your tax code.