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HMRC On account for savings interest
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Juliette100 said:Hi Dazed_and_C0nfused. I had a look back and I had nil POA payments due both in Jan and July. I think this may be a typo as I had no POA shown - both payments due show 0 and yet I gained late payment charges. My interest tax was less than 1000 and my earnings 100% paye and having read more on this - regardless it seems no POA would be due. I went back to pre 20-21 and again my interest was minimal ie less than 1000 and I've always been a PAYE employee0
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Are you basing the nil payments on account on your statement or the tax calc? What was your actual liabilty in 21/22? Not just the tax due on the interest, the full liability.0
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