Interest Receivable

Below is a selection of our most recent updates on this subject.

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Interest Statements

Bank and building society interest statements may not tell the whole story.
Friday, May 18, 2012

Consultation On Deduction Of Tax At Source

HMRC consults on introducing an online return of income tax deducted form
Thursday, March 11, 2010

Compensation For Mis-Selling Of Financial Products

The Inland Revenue considers enhancement to compensation as interest and so taxable.
Thursday, September 02, 2004

Taxback Week

20% income tax on savings income, eg. bank and building society interest, can be reclaimed if covered by the personal allowance.
Wednesday, November 01, 2000

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