Spending your ISA interest

eskbanker

sherbie28 said:

Definitely want to try and avoid having to do self assessment. If the savings interest has just been paid for 24/25 when are they likely to hear from HMRC?

Usually autumn, but winter in the most recent cycle.

Malchester

friolento said:

sherbie28 said:

Definitely want to try and avoid having to do self assessment. If the savings interest has just been paid for 24/25 when are they likely to hear from HMRC?

It's not massively complicated to do a self assessment if the only income is from pensions and savings.

Yes. I did mine yesterday and it took about 15 minutes. I have just pensions and interest.