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Foreign Interest Allowance

Siuwiwi
Posted Thu, 06 Jul 2023 11:02:40 GMT by Siuwiwi
In the 2022-2023 UK Tax year, the only foreign income that I received was less than £50 bank interest. With this small amount, do I still need to apply Self -assessment tax return (I haven't had one before) and report this to HMRC? Thank you.
HMRC Admin 19 Response
Posted Wed, 12 Jul 2023 14:08:59 GMT by HMRC Admin 19 Response
Hi,

You can see information here:

Check if you need to send a Self Assessment tax return

Thank you.

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