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Self assessment - Allowed to deduct packaged account fees?
izawa
Posts: 162 Forumite
in Cutting tax
Hello,
Whilst packaged accounts give interest, I was wondering whether it is allowed to deduct monthly fee when doing self assessment ?
Whilst packaged accounts give interest, I was wondering whether it is allowed to deduct monthly fee when doing self assessment ?
I am relationship expert. Don't feel shy, say hello.
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Comments
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If you are referring to a personal account then no.0
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This is bad. Shame on HMRCI am relationship expert. Don't feel shy, say hello.0
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izawa said:izawa said:Hello,
Whilst packaged accounts give interest, I was wondering whether it is allowed to deduct monthly fee when doing self assessment ?
What is the account fee covering? Phone insurance, breakdown cover, access to other services? Would you expect HMRC (ie tax payers overall) to make a contribution to your insurance cover and cost of running your life in general?This is bad. Shame on HMRC0 -
This is Santander one, I don't get any insurance benefits from them. Only point is 0.3% interest.I am relationship expert. Don't feel shy, say hello.0
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And cash back on billsizawa said:This is Santander one, I don't get any insurance benefits from them. Only point is 0.3% interest.0
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