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Personal tax account - now showing savings interest details ??

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  • Monanore
    Monanore Posts: 82 Forumite
    10 Posts First Anniversary Name Dropper
    edited 11 July at 4:07PM
    what do you mean, your tax summary was 'completed'.  As far as I remember ( I haven't had a tax summary since 2018 and that was wrong ) they just send you it for information.  It's the amount on the official tax calculation P800 that matters, which comes late in the year and finalises the amount you owe them or they owe you depending on how much has been deducted through the tax code.
  • Albermarle
    Albermarle Posts: 27,814 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Monanore said:
    what do you mean, your tax summary was 'completed'.  As far as I remember ( I haven't had a tax summary since 2018 and that was wrong ) they just send you it for information.  It's the amount on the official tax calculation P800 that matters, which comes late in the year and finalises the amount you owe them or they owe you depending on how much has been deducted through the tax code.
    Although if HMRC think you paid the right amount of tax they do not seem to send you a P800, which is annoying as it would be good to see the calculations still. 
  • Dazed_and_C0nfused
    Dazed_and_C0nfused Posts: 17,554 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Monanore said:
    what do you mean, your tax summary was 'completed'.  As far as I remember ( I haven't had a tax summary since 2018 and that was wrong ) they just send you it for information.  It's the amount on the official tax calculation P800 that matters, which comes late in the year and finalises the amount you owe them or they owe you depending on how much has been deducted through the tax code.
    Although if HMRC think you paid the right amount of tax they do not seem to send you a P800, which is annoying as it would be good to see the calculations still. 
    You can request one though.  Although if you do do that and owe some tax you will then have to pay it.

    https://www.gov.uk/hmrc-internal-manuals/paye-manual/paye93075
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