TGK
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RE: Self-Assessment for saving interest.
Hi, For tax year 23-24 I just used the 'Check if you need to send a Self Assessment tax return' and it informed me that I did not need to. However, I am doubting it and would like to double check. My situation: P60 - £45,500 Medical/health benefit from employment - £1,000 Savings Interest - £5,000 Additionally I also receive Child Benefit for two children (around £2,000 annually) As i understand it the interest from savings puts me above the £50k threshold for child benefit allowance, so therefore I should complete a self assessment. However, as I said, the HMRC checker suggested I didn't need to. Any guidance please? It would be appreciated. Thank you