Non UK Resident - Tax liability on Interest from National Savings and Investments

As a Non UK Resident, I understand that Interest on NS&I savings is treated as Disregarded Income, in which case the tax charge is restricted to the amount of tax, if any, deducted at source. If the tax charge is limited in this way, then no personal allowances will be given against any Other income. NS&I pay Interest Gross and do NOT deduct any tax. If the "only" Income generated in the UK as a NON Resident, is the interest received from the NS&I savings interest...(1) Does this mean there is then NO TAX LIABILITY on the NS&I Savings interest earnt? (2) if so, is there any need to submit a Tax return to HMRC? Appreciate confirmation... Thanks in advance.

Hi,

You are correct.  If your combine UK bank / building soceity interest, NS&I interest exceeds £10,000, then you are still required to complete a self assessment tax return.  You can also check

whether you still need a tax return at:

Check if you need to send a Self Assessment tax return

If a tax return is not appropriate, but we are expecting one from you, you should contact our self assesment helpline on 0300 200 3310 or contact our webchat facility at:

Contact HMRC

and confirm a tax return is not required.

Thank you.