Has something changed in the way daivineds and interest are allocated against allowances?
Well, when I was experimenting with the IR's online tax programme, I was surprised to find that, if I reduced my interest, leaving everything else constant, my tax liability went UP!!!
I cannot re-experiment, since I have submitted the return. Still, it seems(ed) very odd ????!!!!. Has that shyster, and fellow countryman I am ashamed to say, gone and done it again. Expletive reluctantly deleted. We're not all like that in Scotland.
Since I am on the borderline of several allowances, such as the 10% rate and the age allowance, I do feel that I would be grateful to anyone who could explain this to me, so that I can try to shuffle my assets around to best effect, which I do need to do.