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Self Assessment- Should ISA interest be declared?

goodraw
Posts: 17
Joined: Thu Oct 30, 2008 12:47 pm

Self Assessment- Should ISA interest be declared?

Postby goodraw » Wed Jan 30, 2013 3:15 pm

Hi, wonder if anyone can help- UK interest on SA ,do I need to put interest received from an ISA where it says "untaxed UK interest ".
Thanks

helpneeded
Posts: 2
Joined: Wed Jan 30, 2013 3:09 pm

Re: Self Assessment- Should ISA interest be declared?

Postby helpneeded » Wed Jan 30, 2013 3:55 pm

No, ISA interest does not have to be declared on the tax reurn or anywhere at all. It is totally tax free. :D

goodraw
Posts: 17
Joined: Thu Oct 30, 2008 12:47 pm

Re: Self Assessment- Should ISA interest be declared?

Postby goodraw » Wed Jan 30, 2013 3:58 pm

Thanks for clarifying that, helpneeded.

tax_schmax
Posts: 380
Joined: Wed Aug 06, 2008 3:53 pm

Re: Self Assessment- Should ISA interest be declared?

Postby tax_schmax » Wed Jan 30, 2013 4:20 pm

Not quite tax free, tax deducted from dividends at basic rate, at source.


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