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Posted Mon, 04 Nov 2024 08:53:51 GMT by maxchau
Hi! If I only have saving interest under £2,000, I need to submit the self-assessment or how much should I need to submit the self-assessment? and if i also have foreign saving interest under £500, or how much should I need to submit the self-assessment? Many thanks!
Posted Tue, 05 Nov 2024 08:01:48 GMT by HMRC Admin 8 Response
Hi,
Please refer to pages 3 and 5 of the following guide:
Tax Return notes
Thank you
Posted Wed, 06 Nov 2024 10:43:47 GMT by maxchau
Hi Sirs, I have £2300 bank saving interest and £50 foreign bank saving interest. I need to do the person tax return? If I have, could you please to tell me how to do and where in online to fill and submit? Sorry about that it's my first time in it! Many thanks!
Posted Mon, 11 Nov 2024 15:41:39 GMT by HMRC Admin 18 Response
Hi, On the paper SA100 (tax return) untaxed UK interest is declared in box 2 of page TR3.  Box 3 on the same page is for untaxed foreign interest up to £2,000.  If your foreign interest is taxed, then it should be declared in SA106 (Foreign) on page F2.  There is a list of countries and their 3 character letter code on the Sa106 notes.  All entries on the tax return should be in whole pounds only.  You can round up or down in your favour when doing this:
Foreign (2024)
 and 
Foreign notes (2023-24)

Thank you.





















 

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