Savings Interest Tax calc. on Self Assessment calculation

otherwayup

Ignore below - I worked it out, sorry.

I'm going through the tax calc. from last tax years self assessment and I'd be interested to know why they have split the savings interest (£276) in the calculation.  I know the tax comes to nil, but I'd like to understand

Savings interest from banks or building societies, securities etc.

Basic rate band at nil rate 75 x 0%

Higher rate band at nil rate 201 x 0%

For info. I would have been a higher rate income tax payer, but made a large single payment into pension, so I only paid basic rate income tax on earnings.

What's the logic behind this split of £276 between Basic and Higher rate?

Dazed_and_C0nfused

If you have worked it out that that £75 is using the remainder of your basic rate band and £201 then falls into the higher rate band then you are correct.

otherwayup

Yes, that's exactly right.