Diving2015
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RE: Tax on interest
Hi, I have completed my tax return but I am a little confused as to why the amount I put in the untaxed interest box was different to that in the calculation section once the £1000 was deducted. The difference was plus £563. Therefore the amount after 20% was more than if it had been the figure submitted on the tax return. Where does the £563 increase come from? Thank you.