IHT403

patsy43

 do i add tax that was due for each year or tax that was payed out  of bank as different years as tax is not paid to the following January  hope this makes sense 

Keep_pedalling

I assume we are talking about income tax for box 20 (gifts from excess income), in which case it is the tax paid in the year you made the gift. So where that is paid on interest from savings that are not taxed at source,  it will be the carried over tax from the previous year’s interest that will reduce the amount of excess income rather than any owed interest in interest earned in the year the gift was made. 

probate_slave

I will just pass on what HMRC told me a decade ago regarding the "Income tax paid" entry on page 8: to use the final assessed tax for the year in question. Of course this will differ from the sum of payments actually made in July and January, and also means that surplus income available in any year is reduced by the tax due for that year.