Hi there I'm an UK tax resident and have no other income but savings interest from UK banks (£5,000) and foreign banks (£8,000) which is still less than the total of Personal Allowance (£12,570), Starting Rate Allowance (£5,000) and Personal Savings Allowance (£1,000). I don't need to pay any tax. However, as I have foreign income (savings interest), I still need to report to HMRC via self-assessment. Am I correct? Thanks.