Tax On Savings

I am not employed and therefore have no salary, I do not claim any benefits and I am too young to have access to a pension. My sole income is derived through interest on savings and share dividends. I have not paid any income tax for a number of years but I notice that on my 2024/25 forecast, it states that I may be liable to pay £5,068. I know this is wrong as it suggests that my income from employment will be £37000( no idea where this comes from as the most I have ever earned from employment in a tax year is about £13000 many years ago). It also says that my annual tax-free amount is £9,850. PA of £12,570 less marriage allowance to partner of £1,260. I transferred this a number of years ago. It then informs me that I have untaxed interest on savings and investments equalling £1,460. No idea where this figure comes from. As I understand it, my PA of £11310 means I may earn this amount plus another £1000 in consideration of savings interest before I would be liable for income tax. Bearing in mind, my sole source of income is from interest and dividends. Would this be correct?

Hi Paulie,
To review your tax code you will need to contact HMRC  Income Tax: general enquiries
Thank you.

So what would be the amount I would be able to 'earn' via interest and dividends before I would be liable for income tax?

Hi Paulie,
This depends on how much of your income comes from dividends, and how much comes from savings interest.
Information on the tax that would be due on your dividends can be found here:
Tax on dividends
Details on interest savings tax can be found here:
Tax on savings interest
Thank you.