Interest certificates

olbas_oil

Do you rely on the figure in your Gov Gateway tax account for details of interest? If so, when does this get updated for 21/22?
I've always collected my own, but with several savings accounts it is quite hard. Particularly with accounts I closed mid-year. Each provider seems to have their own, often obscure,  method of accessing the annual statement of interest (some even expect you to go through monthly statements and add it up). 

Would it be a good idea if people posted the method for individual banks?
To start the ball rolling:

• Chase - app based, click on the head/shoulders icon top left. Choose statements. Choose %interest. 
• Kroo -  app based. Either they haven't prepared these yet, or it needs a specific request. Mine is promised for 3 days time.
• Cynergy - browser and app to login! Look for account services on menu bar at top. Choose 'Confirmation of interest paid'. Select account.  Request confirmation. Select year. Click 'view confirmation'
• Coventry- browser. Well done Coventry! All account information in one pdf. Choose any savings account, select 'statements' and choose 'annual statement'
• Santander- browser. I found this yesterday. I went back just now to list the steps for this post, and I've just wasted 10 minutes getting lost. If anyone finds it, please post!

eskbanker

olbas_oil said:

Do you rely on the figure in your Gov Gateway tax account for details of interest?

No!  It's the individual's responsibility to track interest income received, based on information available from the institutions concerned....

wmb194

You don't need a certificate, just look through your online statements and add it up. I keep track as I go along using MS Money and then use it to create tax reports. The chances that HMRC will ever ask for documentation is slim to none.

mebu60

There was a thread last week (which I can't find) in which most contributors said they maintained their own list and did not bother with interest certificates / annual statements. 

newatc

I think they don't need to made available until May 31st. 

Definitely don't rely on HMRC figures.

JGB1955

I keep my own records in Money 2005.  I don't bother with looking at / downloading interest certificates.  I've already completed my tax return for 22/23 AND paid the £11 I owe.  Hope it helps the coffers!

dgpur

newatc said:

I think they don't need to made available until May 31st. 

Definitely don't rely on HMRC figures.

With a couple of providers it took until September. But I got one from each of the 23 ones I use.

Bigwheels1111

I have several savings accounts, 20 or so.
A spreadsheet for each.
On the first day of the month I update them.
It calculates how much each year.
Add them all up and fill out my self assessment form online. ( As over 10k ).

Chloe_G

Thanks @olbas_oil I was on Cynergy website yesterday and could only find monthly statements.  I shall follow your guidance!  I have loads of accounts and I agree it's difficult.

EthicsGradient

I can add what SmartSave do:

"At SmartSave, we don’t send annual statements. Instead, our customers can check in and stay up to date with their savings online whenever they like. "
And they confirmed to me this means no "interest certificates" either, which they claim have been unnecessary ever since interest stopped being paid net of basic tax.

TheBanker

I keep track as I go throughout the year. Having a certificate is handy though to double check my figures.

This is one reason why I don't chase every extra 0.1% by moving my account when there's a rate change. The hassle of keeping track of all the accounts isn't worth it. And I set my interest to annual where possible to reduce the number of payments to be tracked.