How do I claim tax back on my savings and other accounts

by **1984** on Sun May 14, 2006 6:26 pm

Hi

I'mnot working but paying tax on my savings accounts and bank account, how do I go about getting the tax repaid ?

Is it easy ?

Cheers !

by **Sami** on Sun May 14, 2006 7:00 pm

Get a form called R85 to claim your tax back.

by **Sarah** on Sun May 14, 2006 7:10 pm

Sami wrote:Get a form called R85 to claim your tax back.

Thats not entirely correct. An R85 form is a to have future interest paid gross without tax deducted.

What the OP needs is form R40 to claim back tax already deducted.

by **newsaver** on Fri May 19, 2006 4:55 am

Heres a link to the inlande revenues r85 form

http://www.hmrc.gov.uk/forms/r85.pdf

by **1984** on Fri Jun 02, 2006 11:45 pm

Thanks guys, much appreciated

by **Lorna** on Wed Jun 07, 2006 12:23 am

is there a time limit on how many years you can go back to claim interest on ?

by **Sarah** on Fri Oct 06, 2006 9:53 pm

i think the rule is that you can claim going back upto 6 years

by **Sugarbabe** on Tue Oct 17, 2006 8:25 pm

So if I can claim back 4 years tax, how do I do that ? The R85 is for the current year, where do I get the forms for previous years ?

Thanks

by **Sarah** on Thu Nov 02, 2006 11:22 am

Sugarbabe wrote:So if I can claim back 4 years tax, how do I do that ? The R85 is for the current year, where do I get the forms for previous years ?

Thanks

The form you want is R40

basically you list all of yuor earnings, including from savings accounts for each tax year and send it off.

by **Roberts** on Sat Jan 06, 2007 5:46 pm

Thanks sarah

I was about to post how to I claim tax back on my savings