SA-report an amount under £1 ?

Tassie_Devil

In 2024-25 I received interest income from various sources which in total combined with my SP took my reportable income over £20k. 

I know to round down to ignore pence, but total interest for one small account came in at 99p for the year. 

Do I just ignore this amount altogether and not include it?

Dazed_and_C0nfused

Tassie_Devil said:

In 2024-25 I received interest income from various sources which in total combined with my SP took my reportable income over £20k. 

I know to round down to ignore pence, but total interest for one small account came in at 99p for the year. 

Do I just ignore this amount altogether and not include it?

Pretty sure you don't round down like that, you round down the total for each box.

So five accounts each paying untaxed interest of say 98p would be £4.  Not £0.

Tassie_Devil

Ok sounds reasonable!