Tax Return

scoops82

Hi


I have an IO mortgage but have made some small payments through the year above the IO mortgage amount.


Therefore my DD with the mortgage provider stayed the same but the interest appearing on my mortgage statement differs each sue to the small overpayments and the amount if days in the month.


When completing you self assessment form will I need to submit any supporting paperwork which proves how much interest was paid?


Should I just add up all the interest or will the agreed DD amount that the Mortgage company requested but sufficient?


Thanks
S

Tixy

The interest figure as per the mortgage statements, not the amount of DDs.

When you file your SA tax return you don't submit supporting evidence.
If HMRC open an enquiry in to your tax return then at that point you'd demonstrate how you arrived at the figures on the return.