Self assessment tax calculation wrong

My nhs pension and state pension are cubbed and I get paid after tax is deducted and in response to my filing a tax return I have been asked to pay £5600 on an interest from a deposit of £5600? How is this possible.Error by HMRC?

Comments

  • Where can I get help please 
  • Flugelhorn
    Flugelhorn Posts: 7,214 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I think we need more information - what do you mean by cubbed? 
    why did you fill in a tax return (don't usually need to if your income is just pensions and interest) ?

    how much interest did you get?
  • Dazed_and_C0nfused
    Dazed_and_C0nfused Posts: 17,273 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Where can I get help please 
    Here.  Tell us what you put in each box where you have made an entry on the return.
  • KidJo
    KidJo Posts: 5 Newbie
    First Post
    Your NHS and state pension are "clubbed" together? As for interest could HRMC have received the information incorrectly from the bank where £5,600 was reported as the interest rather than the deposit amount?
  • Nomunnofun1
    Nomunnofun1 Posts: 581 Forumite
    500 Posts Name Dropper
    KidJo said:
    Your NHS and state pension are "clubbed" together? As for interest could HRMC have received the information incorrectly from the bank where £5,600 was reported as the interest rather than the deposit amount?
    Either way - £5600 interest could not result in a £5600 tax liability.
  • sheramber
    sheramber Posts: 21,925 Forumite
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    My nhs pension and state pension are cubbed and I get paid after tax is deducted and in response to my filing a tax return I have been asked to pay £5600 on an interest from a deposit of £5600? How is this possible.Error by HMRC?
    Or error by you when  filling in your tax return. 
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