How to find out where the Interest is coming from they want to tax

Dave1966UK

Hi

I've had two coding notices and I'm confused. They have estimated how much interest this year and next year and adjusted my code, but my savings are in ISAs. I can't seem to find where they have the information from as, as far as I know (and I review my savings each January) I have no hidden pots I don't know about - I wish!

wmb194

Dave1966UK said:

Hi

I've had two coding notices and I'm confused. They have estimated how much interest this year and next year and adjusted my code, but my savings are in ISAs. I can't seem to find where they have the information from as, as far as I know (and I review my savings each January) I have no hidden pots I don't know about - I wish!

You need to call HMRC and ask.

DRS1

Call them and ask.

Dazed_and_C0nfused

Dave1966UK said:

Hi

I've had two coding notices and I'm confused. They have estimated how much interest this year and next year and adjusted my code, but my savings are in ISAs. I can't seem to find where they have the information from as, as far as I know (and I review my savings each January) I have no hidden pots I don't know about - I wish!

You can see the total amount in your Personal Tax Account (look for View Detailed Income Tax Estimate).

But if you want the breakdown by individual bank account you will need to call, use webchat or write as that isn't shown online.

Remember the current estimates for 2024-25 and 2025-26 will almost certainly be based on interest received in 2023-24.