Tax Return: Building Society interest received

GeorgeGeorge Feels At HomePosts: 43Registered
Hi

The Building society statement of interest is given up to 31 December in the tax year. Will this figure suffice for the tax return entry, or is interest between 6 April and the following 5 April the mandatory entry?

Thank you.
:001_smile:

Comments

  • T.C.T.C. Experienced Mentor Posts: 1,448Registered, Tutor
    That is fine, so long as you do the same the following year.
  • SimmyluvsuSimmyluvsu Feels At Home Posts: 55Registered
    Hi George

    In any of the tax returns I complete I would always enter the bank interest received during the tax year.
  • MonsoonMonsoon Font Of All Knowledge Posts: 4,071FMAAT, AAT Licensed Accountant
    What TC says is fine, but strictly speaking it ought to be pure tax year.

    The statement may run to December, but they will also issue a tax year certificate, or they should do.
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