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  • RE: Am I allowed to earn savings interest?

    Hello, thank you for your response. 1. I read my approval letter again, and there is no mention of NOT being allowed to earn savings interest. But since there is no mention of it, I would like to get some sort of a confirmation that earning money through savings is fine. Can you guide me to where should I look / who should I contact regarding this issue if you are not able to give me an answer to this? 
2. Secondly, I looked at the link that you shared. Is it correct that any interest earned through savings which is below 10 000 pounds annually will be taxed automatically and I don’t have to file a self-assessment or do anything further? Thank you
  • Am I allowed to earn savings interest?

    Hello, I am in the UK on a skilled worker visa and I would like to open savings account that will generate interest. But since there are certain conditions regarding secondary employment etc., I was wondering if I am allowed to earn extra money through the interest earned on the savings? I cannot find any information about this anywhere. Secondly, if yes, is there any maximum that I am allowed to earn? And will I have to make any tax reports if I earn over a certain amount? Thank you!