Current account interest

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?

Comments

This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 338.9K Banking & Borrowing
  • 248.7K Reduce Debt & Boost Income
  • 447.6K Spending & Discounts
  • 230.8K Work, Benefits & Business
  • 601K Mortgages, Homes & Bills
  • 171.1K Life & Family
  • 244.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards