Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Thu, 09 Jan 2025 22:48:50 GMT by EEE
My UK based broker pays credit interest on uninvested balances in both the UK and the foreign currencies. The broker claimed the "Client money is held at banks both within and outside of the UK" and i am not sure which currencies/portion of my balance kept in UK banks or oversea banks. I'd searched the previous threads for those people got the same issue i.e. people who got the "Foreign currency interest from a UK broker" but there is no straight answer for us to report these interests through SA100 or SA106 ?? Many thanks in advance.
Posted Fri, 24 Jan 2025 07:19:26 GMT by HMRC Admin 25 Response
Hi EEE,
If no tax has been deducted, you can declare all under UK interest.
Thank you.

 

You must be signed in to post in this forum.