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Current account interest
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ghou_lfinger
Posts: 16 Forumite
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?
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Comments
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This is not Stoozing - Why not ask in the appropriate forum?0
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Try posting here instead http://forums.moneysavingexpert.com/forumdisplay.php?f=20I’m a Forum Ambassador and I support the Forum Team on the Budgeting & Bank Accounts, Credit Cards, Credit File & Ratings and Energy boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
If you can't be the best -
Just be better than you were yesterday.0 -
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.0
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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.0 -
No problem, I asked in the forum linked above. Thanks0
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