Interest charged by Barclaycard

grasse

Living in the Channel Islands I can still get tax relief for the interest I pay on my Barclaycard. I wrote to them over a month ago asking them for the amount I paid last year as a statement from them giving the total can be attached to my tax return. Not having had a reply I have just called them only to be told that they do not provide such a statement which obviously is not requested by UK taxpayers. They did not have the courtesy to write immediately telling me about their "policy". Is there any way I can get them to provide me with this info? Thanks.

johnmoney05

Can you attach all the 12 months statements? The interest charge will be showed on each statement.

Bokkens

grasse wrote: »

Is there any way I can get them to provide me with this info? Thanks.

If they do they will levy a fee for doing so that will probably outweight the tax relief!!

[Deleted User]

Im slightly lost, whats tax relief on Credit Card interest? how much is the tax? and how are you charged it?