Cash Transcation In bank

This discussion addresses concerns about cash deposits made into bank accounts during FY2020-21 and FY2021-22, given annual incomes of £191,000 and £202,000 respectively. The user is worried about receiving notices from the IT department and asks if filing an Income Tax Return (ITR) can prevent issues. Advice suggests that if income is below taxable thresholds, there might be no problem, and the possibility of submitting Form 15H is mentioned, though its timing is questioned for the recently ended FY2021-22.