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Posted Mon, 01 Jul 2024 09:35:02 GMT by js2
I have roughly £400 overseas interest and £700 excess reportable income (interest), both untaxed. Also I have a small foreign share dividend from Santander shares, but no other foreign income. I believe that for larger values the overseas interest and excess reportable income would be reported on the foreign income self-assesment pages in the interest section. Because the sum is less than the £2000 threshold, can I treat these as "untaxed foreign interest up to £2000" and report on the UK interest section of the self assessment return?
Posted Thu, 04 Jul 2024 07:46:40 GMT by HMRC Admin 25 Response
Hi js2,
Yes, you are correct. 
Thank you. 

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