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Posted Fri, 05 Jan 2024 12:27:37 GMT by
The parents earned £40,000 interest from their UK saving accounts in 2022-23, were they subject to UK income tax while they were living here with a child who is on a student visa?
Posted Thu, 11 Jan 2024 11:37:32 GMT by HMRC Admin 25
Hi Stan Ge,
Yes this is UK income and exceeds the Personal Allowance, if due, is taxable.
Thank you. 
 

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