Paul Williams

Can you clarify when you would expect the financial institutions to have sent this information and what is HMRC's timeline for processing a refund should I not be able to provide myself?

I was made redundant in early April and took the £30k tax free redundancy plus another £10k with the remainder into my pension. I was taxed around £3k on the £10k but completed a form P50 to claim it back. HMRC tell me they cannot repay the tax until they have all my savings interest info for last tax year. How long do the financial institutions have to submit this info? When do HMRC work out my correct tax position if the institutions are slow in sending the info. I've tried to add it myself but the online form only states interest for this tax year or next so nowhere I can add the info for the four accounts they tell me are outstanding. Any guidance on where I go next or what I can expect from HMRC as far as a timeline?