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  • RE: Saving Interest Income

    Dear sir or madam, Thanks for comments. Does it mean that even I am now liable for interest income tax, as I am employed and under PAYE, so I am no need to report tax on interest income through self assessment? Please kindly comment. Thanks
  • Saving Interest Income

    Hello, I am in full time employment. during tax year 2023-2024, my salary income was £36,039.44, tax is paid by PAYE. Other than this, I also have Saving Interest income £1,701.84. So I have below enquiries. Can you help to check and advise? 1. Do I need to pay tax on this saving interest income £1,701.84? 2. If need to tax, how should I report to HMRC? Thank you.