| Heading: |
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| Question ID: |
1809692 |
| UIN: |
57759 |
| House: |
Commons |
| Date tabled: |
2025-06-05 |
| Asking Member ID: |
5072 |
| Asking Member display name: |
Mr Andrew Snowden
|
| Asking Member handle: |
A_J_Snowden
|
| Asking Member Twitter reference: |
@A_J_Snowden
|
| Member interest: |
false |
| Question text: |
To ask the Chancellor of the Exchequer, if HMRC will make an assessment of the potential merits of reinstating the practice of paying interest on savings net of tax. |
| Is named day: |
true |
| Date of holding answer: |
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| Date answered: |
2025-06-11 |
| Date answer corrected: |
|
| Is holding answer: |
false |
| Is correcting answer: |
false |
| Answering Member ID: |
4077 |
| Answering Member display name: |
Emma Reynolds
|
| Answering Member handle: |
emmaforwycombe
|
| Answering Member Twitter reference: |
@emmaforwycombe
|
| Correcting Member ID: |
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| Correcting Member display name: |
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| Correcting Member handle: |
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| Correcting Member Twitter reference: |
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| Answer text: |
HMRC receives information from banks and building societies about the savings and investment income they have paid to their customers. Where possible, HMRC will match this information to a taxpayer’s record, and calculate any Income Tax due. If necessary,... |
| Original answer text: |
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| Comparable answer text: |
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| Answering body ID: |
14 |
| Answering body name: |
Treasury |
| Tweeted: |
true |