MrDJ
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Interest earned on 2 year Fixed Rate Bond
I have opened a 2 year fixed rate bond that matures in June 2025 and the Interest will be paid Annually in June 2024 and June 2025. Do I have to declare the figures on the Self Assessment as follows: Interest earned in June 2024 for Tax year 2024 - 25 Interest earned in June 2025 for Tax year 2025 - 26 OR do I declare the total interest earned over 2 years in Tax year 2025 - 26