Current account interest 30 August 2015 at 10:56PM in Stoozing: free cash from credit cards 5 replies 1.6K views

ghou_lfinger

Thinking about moving £2000 from my ISA and opening a TSB Classic Plus account. I understand I will have to pay tax on the interest I earn, how do I go about paying the tax. Is it done automatically or do I have to fill in a Self Assessment tax form?

pogofish

This is not Stoozing - Why not ask in the appropriate forum?

Dobbibill

Try posting here instead http://forums.moneysavingexpert.com/forumdisplay.php?f=20

ghou_lfinger

Sorry I thought putting money into a current account which pays interest was part of stoozing but i guess your correct it's not the best place to post this.

pogofish

Stoozing is about making free money off credit cards - Interest on deposits in conventional accounts is hardly that, nor are questions about paying tax.

The forum linked above is by far the best place to ask.

ghou_lfinger

No problem, I asked in the forum linked above. Thanks