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Savings interest being taxed
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Argonauts said:Estimates are 4300 for works pension
5600 for sipp
so 441 @ 600 are enough
but we would like 800T on Sipp but not enough left say HMRC
she only has 10415 to use how she wants on both pensions
I'm pretty sure she can amend the estimated income in her PTA.
And that should result in her tax codes being updated as per my previous post.
Just ignore what the HMRC adviser said, if her pension income is 4300 + 8000 then she had enough allowances for the SIPP tax code to be 800T.
Allowances are used by pension (or earnings) before interest.
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