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Posted Sat, 06 Jul 2024 15:17:34 GMT by Chun Ho Chan
I have a job with the annual income 12300, already paid the tax and NI when received the salary. And also have interest from saving account about 4000 in the tax year. Do I need to register the self assessment and do the tax return for this interest income? If yes, what I need to do for the registration?
Posted Fri, 12 Jul 2024 07:46:58 GMT by HMRC Admin 25 Response
Hi Chun Ho Chan,
You only need to register for Self Assessment if the income from your savings or investments was over £10,000.
You can read more here:
Tax on savings interest
Thank you. 

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