On track to exceed my PSA - should I move my money?

Dazed_and_C0nfused

JonSalji said:

eskbanker said:

JonSalji said:

To be clear, I should be able to log on to my HMRC account around October 25 to see what tax I have to pay, and if I do so, it won’t affect my tax code from April 26? 

Yes, you can decline the offer of an interest-free loan from HMRC if you wish to do so!

Haha I presume this means I can choose to not pay and have it come out of my PAYE in 2026…. I hate owing anything so will definitely pay off asap!

In all seriousness I think that isn't an unusual choice as some people prefer to start a new tax year afresh and not have underpayments slightly complicating their tax code.

wiseonesomeofthetime

This is what is currently showing on my tax record....

SiliconChip

wiseonesomeofthetime said:

This is what is currently showing on my tax record....

See my thread on the Cutting Tax board for a discussion of how banks and HMRC process interest submissions, I have the same message as you in my personal tax account so that's at least 2 of us who are still waiting

https://forums.moneysavingexpert.com/discussion/6564341/interest-2023-4-and-tax-calculation

Dazed_and_C0nfused

SiliconChip said:

wiseonesomeofthetime said:

This is what is currently showing on my tax record....

See my thread on the Cutting Tax board for a discussion of how banks and HMRC process interest submissions, I have the same message as you in my personal tax account so that's at least 2 of us who are still waiting

https://forums.moneysavingexpert.com/discussion/6564341/interest-2023-4-and-tax-calculation

Make that three.

Consumer3

Same for me as well.
When I logged in about 6 weeks ago it stated it would be updated by October, now it says the same as posters above.  I will have interest payments too so I guess there’s a back log.