Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Fri, 29 Nov 2024 12:56:58 GMT by S Fawcett
Dear HMRC. I have an Index linked savings certificate with National Savings & Investments which I partly cashed in during September 2023. Does the amount cashed in need to be declared on my return and if so, in which section would I do so, please? Kind regards,
Posted Thu, 05 Dec 2024 11:52:54 GMT by HMRC Admin 19 Response
Hi,
It would be declared in the dividends and interest from UK banks and building societies section boxes 1 or 2 on tax return page 3 if a paper tax return.
If you are filing online, on the tailor your tax return page 2 of 3 answer yes, to the question Did you receive any interest, for example, from UK banks, UK building societies, UK unit trusts (or untaxed foreign interest up to £2,000)? This will open the section online to declare the details. 
Thank you.

You must be signed in to post in this forum.