We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
HMRC have paid me interest on delayed refund - is this taxable?
Sarahspangles
Posts: 3,269 Forumite
I have received a refund for 2023/24 which is slightly higher than the amount stated in the tax calculation, and assume this is interest. Do I need to include this as savings interest for 2045/25?
I have looked online, but can’t see this information where I expected and I’m probably not going to be the only person who asks!
I have looked online, but can’t see this information where I expected and I’m probably not going to be the only person who asks!
Fashion on the Ration
2024 - 43/66 coupons used, carry forward 23
2025 - 62/89
2024 - 43/66 coupons used, carry forward 23
2025 - 62/89
0
Comments
-
In a word. No.Sarahspangles said:I have received a refund for 2023/24 which is slightly higher than the amount stated in the tax calculation, and assume this is interest. Do I need to include this as savings interest for 2045/25?
I have looked online, but can’t see this information where I expected and I’m probably not going to be the only person who asks!
https://www.gov.uk/hmrc-internal-manuals/savings-and-investment-manual/saim23202 -
Thank you, I shall fritter all of it then.In a word. NoFashion on the Ration
2024 - 43/66 coupons used, carry forward 23
2025 - 62/890
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.3K Banking & Borrowing
- 254.7K Reduce Debt & Boost Income
- 455.9K Spending & Discounts
- 247.9K Work, Benefits & Business
- 605.1K Mortgages, Homes & Bills
- 178.8K Life & Family
- 262.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards