In my Self Assessment do I have to declare NRE Interest Income less than £2000?

Non-domiciled-residents don't not need to fill Self Assessment if interest earned is less than £2000. But since I do fill Self Assessment every year , should I declare if interest earned is less than £2000 ? If I declare & enter "Interest income from overseas savings amount " as £2000 , It applies 40% tax rate on it although it was tax free as mentioned above. So what is the right way to deal with this limitation of self assessment HMRC website? Or I should not declare any interest income since it is less than £2000 , will it end up as Tax Fraud?

Hi,
 

Please see guidance at : Paying tax on the remittance basis (Self Assessment helpsheet HS264)    .

Thank you.

I am not going by remittance basis , as I will be completing 7 out of 9 years soon (remittance basis states you need to pay annual charge 30k/year) . Instead using paying on interest gained each year even though not remitting any money back to UK.

Hi peace_purple123,

Yes, you still need to declare it, as it is foreign income, even if the tax relief available means no tax is paid on it.

Thank you.