I don't owe any tax as all my interest was paid at 20% by the bank. I was very worried about the amount of the error and the fact it the tax year in question was 2012/13. Will this make any difference or will they just change their records accordingly.
Thank you for your excellent support.
Hi Keith. I also received a small tax rebate a week ago for 2013/14. HMRC also gave a breakdown of pension payments and again interest earned. I have checked my records and the interest they have stated and tax paid is not correct. How do they get these figures? I will check my records again. If it is not correct do I also write about this and advise them of my figures.
Many thanks. I was very worried about this. I think that as my pensions are split over several payments there will probably be a very small tax rebate each year so if they continue to get the interest wrong will it be a case of advising them of the correct amount by letter each time and will they be happy to accept that.