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Savings income?
Redredrobin
Posts: 197 Forumite
in Cutting tax
Can someone explain what savings income is please ?
Just received a letter saying I owe £277 tax , I work part time claim carers allowance and did cash in a small pension earlier this year but paid over £2k in tax on it .
Just received a letter saying I owe £277 tax , I work part time claim carers allowance and did cash in a small pension earlier this year but paid over £2k in tax on it .
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Comments
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Any income from savings such as bank interest, dividend payments0
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And the statutory interest paid alongside PPI refunds.0
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Does the letter mention savings income?
Where is the letter from?
There are excessive numbers of new types of scams springing up at presentWhat we know is far, far less than what we don't know0 -
It’s a Hmrc letter it has savings income at £3565.00 ?
going to give them a call0 -
Check the telephone number is a genuine HMRC numberRedredrobin said:It’s a Hmrc letter it has savings income at £3565.00 ?
going to give them a callWhat we know is far, far less than what we don't know0 -
Some Life Insurance contracts generate interest 'income' which can be classified as savings income. Was there some sort of Life Insurance refund attached to your pension withdrawal?Redredrobin said:It’s a Hmrc letter it has savings income at £3565.00 ?
going to give them a callWhat we know is far, far less than what we don't know0
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