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Posted Tue, 10 Sep 2024 00:52:44 GMT by Alan1911
Hi, im filling out the SA100 paper form, may I illustrate my question by an example? Assuming my total income is 18000 in the year of 23/24, of which 15000 is my salary income, 1400 is my untaxed UK interest and remaining 1600 is my untaxed foreign interest, then: 1, I still have the 1000 Personal Saving Allowance? 2, If I have the 1000 PSA, how should I fill in item 2 (untaxed UK interest) and item 3 (untaxed foreign interest) In Page TR 3 of SA100? Should I deduct the 1000 PSA from the amount of untaxed interest first? 3, there is "up to 2000" in item 3 (untaxed foreign interest) In Page TR 3 of SA100, I have no clue how it works, would u please explain? Thank you very much.
Posted Wed, 18 Sep 2024 10:11:17 GMT by HMRC Admin 21 Response
Hi Alan1911,
You do not deduct the PSA this will automatically be given in the calculation. If you need more help understanding declaring foreign interest then you will need to contact HMRC Self Assessment: general enquiries or you can view the notes and helpsheets online Self Assessment tax return forms.
Thank you.

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