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HMRC have paid me interest on delayed refund - is this taxable?
Sarahspangles
Posts: 3,264 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
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Comments
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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
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