Reporting interest from Gilts on self-assessment

hallmark

I'll be doing this for the first time next week so just wanted to check my understanding (am guessing a few others might be similar)

I own T26 unwrapped and received £15.80 "dividend" on 24th March 2025.  I understand this is treated and taxed as income from interest.  Is this how I report it on SA:

Other UK income

Interest from gilt-edged and other UK securities, deeply discounted securities and accrued income profits

Gilt etc interest after tax taken off

Tax taken off
Leave blank

Gross amount before tax
£15.80

thanks

GeoffTF

That looks right to me, but do not forget accrued interest.

SnowMan

Not done it myself, but my understanding is you leave boxes 1 and 2 blank and fill in box 3.

Assuming you bought it after the July 2024 interest payment (coupon), you need to deduct the accrued interest on purchase from the actual interest payment, and that's the figure you put in box 3

 

hallmark

Ah, thanks I had indeed not considered accrued interest.

I presume that's the "accrued interest" figure if any on the buy transaction

In this case it's a total of £0.21