Yvonne Kemp
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RE: Confirm whether we need to complete the self assessment
I am in receipt of my NHS pension and savings interest, my pension amounting to just over £11,000 a year and my share of the interest from my joint accounts amounting to just over £1,000 does this require me to fill in a self assessment return. Thank you. -
Reporting Savings Interest
I am a non-tax payer and a pensioner and my only income is an occupational pension and interest from two joint accounts belonging to myself and my husband At the end of the tax year I contact hmrc by phone and let them know how much interest is mine, as I understand it the interest is split 50/50. Is it necessary for me to inform hmrc of how much interest I have earned each year or will the banks and or building societies do that. Thank you.