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Posted Thu, 25 Apr 2024 09:13:50 GMT by Chriwilson16
Hello, I'm self employed and under the 12,570 personal allowance. I’m currently filing my return for 2023-2024 and, in this tax year, I received a small amount of money as inheritance from a relative abroad. I have transferred part of this into a savings account that earns interest (££). It’s under the personal savings allowance limit. To add this to my calculation, am I correct in thinking that in this case it would be would just need to go under „untaxed interest" in the UK interest section? Thank you.
Posted Fri, 03 May 2024 09:31:51 GMT by HMRC Admin 25
Hi Chriwilson16,
You are correct.
Thank you. 

 
Posted Fri, 03 May 2024 10:10:27 GMT by Chriwilson16
Thank you!

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