Tax Return: Building Society interest received

George
George Registered Posts: 43 Regular contributor ⭐
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. Registered, Tutor Posts: 1,448 Beyond epic contributor 🧙‍♂️
    That is fine, so long as you do the same the following year.
  • Simmyluvsu
    Simmyluvsu Registered Posts: 55 Regular contributor ⭐
    Hi George

    In any of the tax returns I complete I would always enter the bank interest received during the tax year.
  • Monsoon
    Monsoon Registered Posts: 4,071 Beyond epic contributor 🧙‍♂️
    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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