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If I don't have any income and the capital gain is within personal allowance , do I still need to submit my tax self-assessment?
Thanks in advance
If I put my "clean capital" into a fixed deposit scheme and earn interest £500 in my clean capital account, I would like to ask:
1) Do I need to report the interest earned to the UK government?
2) Given that the interest earned is within the personal allowance, it also means that the interest will not be taxed. Then is my clean capital account still be a clean capital account or it will become a mixed fund?
Thanks in advance.