kc ng
-
Tax on savings interest
Hi, I am working as a full time employee on PAYE with basic tax rate. If I have interest income from savings over £1,000 but less than £10,000. Do I need to submit a self assessment form to HMRC? I have ready through the HMRC "Tax on savings interest" page however it does not tell me how to notify HMRC about my interest income. What is correct method to notify HMRC? Many thanks.