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Posted Fri, 04 Nov 2022 14:36:12 GMT by YY WONG
I have a joint name bank account with my husband, for the received interest from this bank account, can I select to report the interest 100% for my husband and 0% for me instead of 50% and 50%?
Posted Wed, 09 Nov 2022 12:41:24 GMT by HMRC Admin 32
Hi,

As it is a joint account, it will need to be split 50/50 unless an alternative election has been submitted to and approved by HMRC.

You can find guidance here:

Declare beneficial interests in joint property and income

Thank you.

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