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tax being deducted on a savings account
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i have a part time job, am i entitled to the r85 form to prevent tax on my savings or any bank account?
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For more on marking an answer as the "Best Answer", please visit our FAQ.If your income is less than your tax free allowances, then yes you may complete a R85 form. See attached link to the HMRC website:
http://www.hmrc.gov.uk/tdsi/key-info.htm#b
http://www.hmrc.gov.uk/tdsi/key-info.htm#b
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