File your Self Assessment return

Malchester

Filed mine Sunday morning and received updated tax codes on Tuesday. And, remarkably, they were correct.

Swipe

No email received yet but already have mine drafted.

aroominyork

wmb194 said:

dosh37 said:

Here we go again - another tax year.

Only 4 days in and I have already received the email demanding I 'file my Self-Assessment return'.

I would be happy to do so if HMRC were to sort out their own processes such that I don't have to wait until November before I can request a copy of the BBSI report for savings interest. The BBSI report is not made available online so you have to either phone HMRC (good luck with that!) or write a letter.

Please don't bother to reply telling me it's 'my responsibility to keep track of savings interest'. 

When you have had dozens of savings accounts over a year, it's almost impossible to reconcile the figures in advance against those reported to HMRC via BBSI. In many cases, after you close an online account, the closing statement, including interest received, immediately disappears. You can't always track it from your bank statements because the bank FPO reference number doesn't tell you where payments originate. The 'Payee' name is usually your own name, so that doesn't help unless you use a slightly different name for each savings account.

The existing system is flawed, but no one can be bothered to fix it.

I filed mine on Sunday morning and received a modest tax refund today. 

I filed last Tuesday and received a refund this morning so, from this sample size of two, refunds are paid on the fourth working day after filing (Gateway shows mine issued after two days and it was paid two days later).