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Posted Mon, 27 May 2024 20:40:39 GMT by duppyc78
Hi - I received my tax code for Tax year 2025 recently with a reduced personal allowance due to tax owed on savings interest. In the notes it states this is based on an estimate of the interest I will receive from banks based on the previous year. However, much of this is now in tax efficient savings vehicles therefore will be within my personal allowance (or close to it) - how do I go about rectifying this? thanks
Posted Mon, 03 Jun 2024 09:12:56 GMT by HMRC Admin 32 Response
Hi,

To review or amend your tax code you will need to contact our Income Tax team.

Income Tax: general enquiries

Thank you.

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