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Tax Return: Building Society interest received

GeorgeGeorge Feels At HomeRegistered Posts: 43
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 Registered, Tutor Posts: 1,448
    That is fine, so long as you do the same the following year.
  • SimmyluvsuSimmyluvsu Feels At Home Registered Posts: 55
    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 FMAAT, AAT Licensed Accountant Posts: 4,071
    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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