questionText: To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact on taxpayers of discrepancies between savings interest data reported to HM Revenue and Customs by financial institutions and the information provided by those institutions directly to account holders; and what steps HM Revenue and Customs is taking to ensure that taxpayers acting in good faith are not penalised where such discrepancies arise.
answerText: HMRC works closely with financial institutions and their representative body, UK Finance, to make the best possible use of the savings interest data they provide and correctly assess the impact of those savings on the account holders’ overall tax position...
heading: Personal Savings: Interest Rates