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Self Assessment for over £10,000 interest. Before or after tax?
Comments
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if you have only ISA interest over 10K and strictly follow the website guidance then the flow chart says because you are receiving interest over 10K you need to submit a tax return but the explanatory notes say you do not need to include ISA interest then the logical conclusion is you are required to submit a completely blank tax return!1
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HMRC only cares about taxable income and capital gains.2
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The last two posts sum it up.0
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Except for the legal requirements on the HMRC on when to issue a need for Self Assessment.0
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