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Posted Sun, 07 Jul 2024 09:56:26 GMT by Chris Wong
I have an int’l bank account of Barclays from Isle of Man. Should I report saving interest tax in personal allowance by oversea or UK?
Posted Fri, 12 Jul 2024 14:12:52 GMT by HMRC Admin 32
Hi,

As the Isle of Man is outside of the UK, you are in receipt of foreign interest. This foreign interest should be declared in a self assessment tax return each year. If you do not already complete a tax return, you will need to register for one at:

Check how to register for Self Assessment

Thank you.
Posted Sat, 13 Jul 2024 06:13:55 GMT by Chris Wong
As you said, I’m not a tax resident, my Barclays int’l account also is outside of UK bank. So do I need to report tax even exceed £10000 deposit interest by self assessment and so on. Thank you
Posted Wed, 17 Jul 2024 08:50:50 GMT by HMRC Admin 25
Hi Chris Wong,
If not UK resident no.
If non domiciled, you will only include it if any is actually remitted t othe UK.
Thank you. 

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