I have a coding notice for 2022-2023 giving a code of 1275L, but 1257L has been used in the "View your calculation" section of the return I am completing. Which tax code will be used on the final return? I really do not think I owe any tax, yet will be asked for some.
I have a very simple tax return, and have almost finished it. I have a little bank interest which is well below the Personal Savings Allowance, but the "view your calculation" shows I have to pay tax on this small amount of interest by virtue of it being added to my income and taking me a little over what PAYE has already taken. So - is bank interest tax free or not? All the blurb says I can have it tax free up to my PSA, yet the SA calculation says no.