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Posted Wed, 28 Aug 2024 16:10:15 GMT by Muskrat
I have several 2 and 3 year fixed rate bonds with uk registered banks. Interest is only paid at the bonds maturity date. Do I declare this as revenue or is it treated as a capital gain and should thus be declared as such.
Posted Mon, 09 Sep 2024 07:54:38 GMT by HMRC Admin 19 Response
Hi,

You can see guidance here:

Tax on savings interest

Thank you

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