Sianie

Hi HMRC, I will definitely fill the SA106, thanks. But please can you tell me how to claim "tax spared" on it? Is the process the same as claiming FTCR on actual foreign tax paid? (this information is not contained in the notes)

Hi, I have received interest in an overseas bank account. I would like to make use of the 'tax spare mechanism' (confirmed by HMRC/DTA) even though no actual tax was paid. Please could you tell me which section/boxes I should complete on the online self assessment form for tax spared. Should I use the FTCR boxes in the ‘Interest and Other income from Overseas Savings’ section on SA106 (foreign)? Is the self assessment process for tax spared the same as for FTCR on tax paid? Many thanks