Steve Whitefield
Joined: 6/18/2024
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Do I need to do a self-assessment return?
The guidance says that if you receive over £10,000 from savings you must register for a self-assessment form - does interest from ISAs count towards the £10,000? Eg if you received £11,000 interest consisting of £10,000 from ISAs and £1,000 from other savings would you need to do a self-assessment return? If so what is the reasoning behind this, since no tax would be payable?