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Posted Wed, 25 Oct 2023 12:08:18 GMT by Pui Yee Lee
Hi, I have some saving in Apr 2022, but the interest was paid in May 2022. I have 2 questions: - though the bank will notify the interest to HMRC, I need to declare it in the tax return. - the interest paid in May should fall in tax year 2023/24, not 2022/23 though it is interest for saving of Apr. Am I correct? Best regards, Nancy
Posted Thu, 02 Nov 2023 08:24:24 GMT by HMRC Admin 25 Response
Hi Pui Yee Lee,
If interest was paid in May 2022 that would be declared on the 2022/23 Self Assessment tax return. 
Thank you. 
 

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