Andrew Brooman
Joined: 1/4/2023
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Tax on savings interest
Hello team My wife earned more than £1,000 in interest on her savings for the tax year 2022-2023. She does not need to submit a tax return. Will HMRC get notified by the banks of thhe amount of interest earned, or does she need to notify HMRC? If the latter, how should she do this? Thanks!