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isa interest

debbieliz
Posts: 2 Newbie

Hi my sons grandparents have passed away and left him some money. if he puts it in an ISA will he have to declare the interest as part of his annual earnings or just non isa accounts need to be declared/ thank you
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Comments
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No ISA interest, dividends or capitals gains need to be declared.1
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debbieliz said:Hi my sons grandparents have passed away and left him some money. if he puts it in an ISA will he have to declare the interest as part of his annual earnings or just non isa accounts need to be declared/ thank you1
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Ayr_Rage said:0
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Middle_of_the_Road said:Ayr_Rage said:
Nothing regarding ISAs is declared to HMRC.
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Ayr_Rage said:OK, for the confused amongst us.
Nothing regarding ISAs is declared to HMRC.Ayr_Rage said:No ISA interest, dividends or capitals gains need to be declared.
Interest, dividends or capitals gains, from an ISA don't need to be declared.
... No confusion 🙄0 -
Middle_of_the_Road said:.. No confusion 🙄1
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masonic said:Middle_of_the_Road said:.. No confusion 🙄
Yes..... No, I was confused, but now I'm not so sure 😊2 -
Ok, I'm done now, for those that read my first post and saw a full stop or comma after NO please check your screens for dust and other contamination.
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