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Tax Code increased for untaxed interest

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Comments

  • RG2015
    RG2015 Posts: 6,206 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    Log on via your Personal Tax Account and provide updated estimated/actual figures.

    I log on via the Government Gateway, and there is no place to amend bank interest that I can see (someone might know otherwise!). When this issue first arose about 5yrs ago, there was a way to see a list of accounts and interest gained, and amend them, or delete closed accounts, but not any more, to my knowledge.

    We have the same problem, the highest we had was £1080 interest each about 6 yrs ago after we had an inheritance and some windfalls. We are down to about £50 each now (through investing not spending!).

    I am not earning now, my last tax update last autumn showed interest of ~£700, so not worth contacting them about, and my husband does SA so adds the correct values then. But it is still so annoying.
    The issue of amending interest in your personal tax account online was discussed on the thread below.

    However, I found it very confusing so did not use it.

    https://forums.moneysavingexpert.com/discussion/comment/79037768#Comment_79037768
  • izawa
    izawa Posts: 167 Forumite
    Fifth Anniversary 100 Posts Name Dropper Photogenic
    Log on via your Personal Tax Account and provide updated estimated/actual figures.

    I log on via the Government Gateway, and there is no place to amend bank interest that I can see (someone might know otherwise!). When this issue first arose about 5yrs ago, there was a way to see a list of accounts and interest gained, and amend them, or delete closed accounts, but not any more, to my knowledge.
    Yeah I recall we could see this information then. No clue why they don’t show anymore. Hmrc systems are going forward.
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