Wrong allocation of savings interest by HMRC
Recently Mrs Goldenyears received a letter from HMRC saying she owed 2020/2021 tax from savings interest over £1000. We knew this was wrong and it was sorted efficiently in a phone call. Apparently HMRC allocated her 100% for our joint accounts instead of the 50% it should have been by default. However, what annoyed me was there was no itemisation of the 4 joint accounts in question, just a single figure. The letter implies – no need to phone, go to your personal tax account for more detail. We did, but this said “no more tax to pay for 2020/2021”. Why no detail about saving interest?? Even if less than personal savings allowance it would be nice to know it agreed with figures banks and building socs are supplying to you direct.