Laura Moody
Joined: 6/6/2024
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Exceeding Personal Savings Allowance
I received a letter today from my bank about my 'Gross Interest Paid (No tax deducted)' as I've gone slightly over my personal savings allowance due to my interest. 1) It says I need to contact HMRC about this - what is the best way to do this? 2) I've only gone slightly over the £1,000 and know it wont happen again this year (I had a house deposit I wont have anymore) so I would much rather pay out of pocket than have my tax code changed. Is this possible? Thank you