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Declaring Tax on Savings

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Comments

  • ColdIron said:
    Does anyone know if there is a tool where you can input your data to get an idea of what your tax is likely to be before actually completing the self-assessment.
    Why not just compete the Self Assessment return and view the calculation before filing the return?  

    You can change whatever you want before submitting the return to HMRC.
    Yes, it's a great 'what if' tool
    And with the freeze in Personal Allowance and rate bands (outside Scotland) it's pretty accurate even if using last year's return now.

    Always remembering to discard any changes if using last year's 😳

  • Why not just compete the Self Assessment return and view the calculation before filing the return?  

    You can change whatever you want before submitting the return to HMRC.
    Ah perfect. Didn't realise you could do that.
  • eskbanker
    eskbanker Posts: 40,711 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    There are also plenty of standalone 'income tax calculators' out there if you search on that term, a couple of which were mentioned at https://forums.moneysavingexpert.com/discussion/comment/80618188/#Comment_80618188
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