Can I notify HMRC that I no longer have large amount in savings, to change tax code back?

eskbanker

Dazed_and_C0nfused said:

eskbanker said:

Dazed_and_C0nfused said:

eskbanker said:

Dazed_and_C0nfused said:

abz_sco said:

Cheers, will have a look.

You will have to phone or use webchat I think

Unless we're at cross purposes, there's an option labelled as 'update or remove' non-coded income within my online tax account, which seems to achieve what OP wants to do?

https://www.tax.service.gov.uk/digital-forms/form/tell-us-about-other-income/draft/guide

The ops issue is that it's coded income, not non-coded income though.

Non-coded income is a thing in its own right, mainly seems to be related to information from Self Assessment returns.

My understanding is that non-coded income simply means non-PAYE, i.e. savings, etc, so if OP wants to notify HMRC of a substantial drop in future savings interest then this would be an adjustment to non-coded income?

Non-coded income has a different meaning to that (in HMRC terms).  This might help explain.

https://www.gov.uk/hmrc-internal-manuals/paye-manual/paye130035

Fair enough, I do self-assess so can see that this may be an important distinction....