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Posted Wed, 21 Aug 2024 13:02:32 GMT by csl77
Hi HMRC, I am writing to enquire about the interest arose from my renting deposit. As I recently received interest together with my tenancy deposit protection money from the Deposit Protection Service when I finished a tenancy. I am wondering if the interest £14.00 arose from the deposit is a taxable income to me and required to be declared to HMRC. If yes, where should I put this income into in SA100? Does it go to “interest from UK banks” category? Please advise. Thank you in advance. Kind regards, csl77
Posted Wed, 04 Sep 2024 12:19:08 GMT by HMRC Admin 19 Response
Hi,

Yes, this forms part of your personal savings allowances and should be declared as untaxed interest.

Thank you.

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