Letter from the INLAND REVENUE!

[Cyberman]

I'm with Brookson and, still being a bit wet behind the ears when it comes to tax returns, I use the Tenon service to complete my return. There wasn't anything to shout about on my form for my NatWest current account, as the interest on that was literally just a couple of quid or so. Tenon didn't enter that figure anywhere on the form as far as I could see.

My savings are all in the mortgage offset account, and my understanding is that there is absolutely nothing to declare on the SA tax return as there is technically zero interest on such an account.

That is correct. The reason that I had a large amount of savings interest to declare was that I held all of my savings in high interest accounts until my offset mortgage had been arranged.

[HairyArsedBloke]

I have just received a letter from the INVAND revenue ....

I don't anymore
And I'm luvin it.

[tim123]

YES - Thanks to Labour - they can now have access to our personal financial details and can obtain it with ease.

Actually it was an EU directive that created this situation.

tim