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Posted Fri, 09 Dec 2022 16:14:09 GMT by connectiondue
Hello dear Hmrc admin My income from all sources is 40,000 pounds and i am expecting a interest income of 15000. Since my income from all sources excluding interest is below 50270 pounds, will my interest allowance be 1000 Or because my total income including tax is above 50270 hence my psa will be 500? Can you confirm please
Posted Mon, 12 Dec 2022 13:46:12 GMT by HMRC Admin 10
It would be £500.

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