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Posted Thu, 08 Aug 2024 07:08:53 GMT by libbyk
Hi I am new to self assessment, I am self employed with an occupational pension (under state pension age) I have added up the savings interest I received last year, do I enter the amount or ignore if it below the PSA If its above do i add only the the amount that takes me over PSA or the whole amount Thank you
Posted Wed, 14 Aug 2024 08:12:01 GMT by HMRC Admin 19 Response
Hi,

You would declare the full amount of untaxed savings income received on your Self Assessment return. The PSA will be taken into account in the calculation. 

Thank you.

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