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Posted Thu, 26 Dec 2024 17:45:50 GMT by ccbhmrc
Please confirm how I would report some uk Gov Bond (Gilt) coupon payments when I am not required / do not qualify for self assessment? Can I do this in writing or online via my personal tax statement “add missing investment income”? I use my personal savings allowance use used up via my bank accounts but I received about £100 in gilt interest via a uk broker. I would want to pay tax on this small amount and would like to know how when I do not need self assessment. I am paye, uk resident and basic tax payer. I have savings in bank accounts which exceed my personal allowance. Thanks
Posted Mon, 13 Jan 2025 15:45:39 GMT by HMRC Admin 8 Response
Hi,
Please refer to:
HS343 Accrued Income Scheme (2024)
Thankyou.
Posted Tue, 14 Jan 2025 21:04:30 GMT by ccbhmrc
Hi, Thanks for providing this information. The link confirms the usage of SA101. However, I do not currently qualify for self assessment, does this means I now do qualify? Is there any way I can use the PAYE additional income instead ? I’m happy to report and pay tax but don’t want to use self assessment if I don’t need to. Thanks
Posted Fri, 31 Jan 2025 13:39:10 GMT by HMRC Admin 32 Response
Hi,
Yes, you need to report this via Self Assessment.
Thank you.

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