Earn savings interest? You may get a 'simple assessment' bill from HMRC – check it carefully If you earn enough interest on your savings to take you over your personal savings allowance, you may need ...
HMRC will send Simple Assessment letters for the 2025 to 2026 tax year this summer. The letters are sent to those who have tax to pay on income that has not been taxed through Pay As You Earn (PAYE) ...