Thing is RBS is telling me that the interest will be paid into my account next year April 2010. The interest I received April 2009 is from 2007-2008 tax year.
Is this right?? surely any interest earned in a tax year should be paid end of that tax year? can someone correct me if I am wrong please?
I spoke to Inland Revenue they said it doesnt sound right as they have taken tax from my interest 2008-2009 and it sounds like the bank will hold onto my interest for another year before paying out? they told me to call the FSA (but that is just one woman's advise), I am waiting for a call back from the FSA.
Any thoughts on this in the meantime would be appreciated!