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Interest income from a joint account overseas

Answer
yhchan
Posted Mon, 11 Nov 2024 18:03:27 GMT by yhchan
I have interest income from a joint account with my wife overseas. (e.g. £1,000) Should I report my share of the interest by splitting the total amount 50/50? ( me £500 and my wife £500 )
Answer
HMRC Admin 8 Response
Posted Tue, 12 Nov 2024 08:34:00 GMT by HMRC Admin 8 Response
Hi,
Interest on joint accounts
If you have a joint account, interest will be split equally between the account holders:
Interest on joint accounts
Thank you.

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