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Posted Tue, 17 Dec 2024 22:03:28 GMT by DEHafod
Should I have received a notification of how much tax I owe on interest received for 23/24 by now?
Interest was above £1000, under £10,000.
At what point would I assume my bank isn't going to pass on the information like (I understand) they're meant to?
Posted Thu, 19 Dec 2024 16:28:42 GMT by HMRC Admin 13 Response
Hi DEHafod,
Please see guidance at: Tax on savings interest: How much tax you pay and Check if you need to send a Self Assessment tax return regarding your circumstances
In general terms your bank automatically sends your interest details to HMRC who will calculate if any tax is due, once all other income details are received, and notify you accordingly.
This forum is for general queries only and is intended to help you self-serve. We are unable to provide specific advice tailored to individual circumstances.
Thank you 
 

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