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Posted Sun, 21 Apr 2024 19:09:33 GMT by Lorna
I have a fixed term savings bond on which interest is payable in cash annually on 5 April but the first interest payment was actually received on 8 April 2024. In which tax year should this interest be declared under self assessment?
Posted Mon, 29 Apr 2024 12:02:51 GMT by HMRC Admin 32 Response
Hi,

The amount is based on the period to 05 April 2024 so you will include this in the 2023 to 2024 year.

Thank you.

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