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Tax On Interest from Building Society Accounts

Mark Taylor
Posted Tue, 29 Aug 2023 09:16:58 GMT by Mark Taylor
Good morning. Can anyone advise me please on how any tax due is reported to HMRC in respect of interest on Building Society Accounts. This is with regard to an account of a Deceased Person- I am dealing with their Estate . Does a deceased person still have a PSA for their savings? Thank you 

Name removed admin 
HMRC Admin 32 Response
Posted Mon, 04 Sep 2023 10:52:28 GMT by HMRC Admin 32 Response
Hi,

They would still be entitled to the PSA and it would still be reported to HMRC in the same way.

Thank you.
Mark Taylor
Posted Mon, 04 Sep 2023 11:06:42 GMT by Mark Taylor
Thank you for your clarification. Kind Regards

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