Really stuck on R40 section 3 - claiming PPI tax

suestew

I all, sorry if this has been asked a thousand times but I am really stuck on section 3 UK interest and dividends.  
So the interest I have had over last financial year is from 3 sources, an ISA (£87.94) Savings account (£79.97) and the statutory interest from a PPI claim (£2936.84) the HMRC deduction for the PPI was £587.36

where do I put those figures on the online form as per headings below?
Net interest paid by banks, building societies etc, purchased life annuities and PPI payments
Tax taken off the gross interest paid by banks, building societies and purchased life annuities
Gross interest paid by banks, building societies and purchased life annuities

Many thanks

Dazed_and_C0nfused

ISA interest isn't taxable.  But if you choose to include it on the R40 HMRC will tax you on it.

Net interest is the statutory interest less tax deducted.

Tax is £587.36

Gross interest is £2936.84

You should have a separate box to declare the untaxed interest of £79.97.

Unless you are a low earner or higher rate taxpayer you would normally expect to get c£182 tax refund back.

suestew

Dazed_and_C0nfused said:

ISA interest isn't taxable.  But if you choose to include it on the R40 HMRC will tax you on it.

Net interest is the statutory interest less tax deducted.

Tax is £587.36

Gross interest is £2936.84

You should have a separate box to declare the untaxed interest of £79.97.

Unless you are a low earner or higher rate taxpayer you would normally expect to get c£182 tax refund back.

thank you.  One question, the £79.97 was from my savings, isnt that already taxed?

Dazed_and_C0nfused

Not since April 2016 

suestew

ahh ok I understand now, thanks for your help