Taxable Interest – Information Required for Your Self Assessment Return
To accurately report your income for the tax year, we require details of any taxable interest you have received. This includes interest from:
- Bank or building society accounts (excluding ISAs)
- Savings accounts
- Fixed-term deposits
- Peer-to-peer lending platforms
- Corporate bonds or other investment products (outside of tax-free wrappers)
In most cases, all we will need is the annual tax certificate issued by your bank, building society, or financial institution. This certificate shows the total gross interest received during the tax year and is typically available through online banking or by request from your provider.
Please note that you do not need to provide details of:
- Interest earned in Individual Savings Accounts (ISAs) – these are tax-free and not reportable
- Premium Bond prizes – these are also tax-free
If you hold multiple accounts, please provide a tax certificate for each institution where taxable interest was earned.
