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As a PAYE taxpayer, how to complete a BBSI letter from HMRC?
Comments
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So you have spare tax code allowances that the untaxed interest is using?Mee said:Thanks for the advice here.
I've had other things on my mind of late and I only checked my tax code for 2025/26 yesterday to find it has been reduced due to apparently having earned 3K in untaxed interest. I earn on average £6 or 7K a year now on a zero hours/casual contract (PAYE) so I somewhat bemused by it all. Anyway will ask for a BBSI as suggested.0 -
Thanks for all the comments on this. Just to wrap it up, I did complete the information for all non-ISA accounts. Sent off a big package of data. And I haven't heard anything, not even an acknowledgement.Meanwhile, it has encouraged me to take a look at what interest was earned, and what was assumed by HMRC, for the last few years - just in case. And I will ask HMRC for bank and building society interest details for those years.
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