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    If you have not done so make sure that you do your tax returns on-line before the end of this month, or you will be fined by HMRC.

    Be careful though. In the last couple of days I have heard from two people who have done this but have clearly entered the wrong details and the system has calculated underpaid tax. One is a non-taxpayer and the other they want £4,000 extra tax - in both cases they have entered investment income incorrectly. I will be helping them this week correct their entries.

    Do not enter the income the following:
    Interest or dividends from Cash or Stocks and Shares ISAs.
    Income from Investment or With Profits bonds except where you have a chargeable event certificate and make sure it is entered in the right place or 'tax paid' in the product will not be allowed for.

    Make sure you enter the tax paid from bank and building society interest and stock dividends as well.

    It seems the on-line system is causing problems for people in these and other respects.

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