Michael Richardson
Joined: 4/7/2025
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RE: Declaring Bank Interest on my self assessment
Reading the comments above shows that one is supposed to enter all bank interest except for interest from an ISA. I had this same question as the original comment and I also noticed that my tax calculation was changing when I entered in interest received. The full calculation shows that I am not charged tax on the bank interest however it does count towards my total income for the year and so that seems to increase the repayment on my Student Loan. I don't mind paying that off at least!