Have Tax Questions? Ask a Tax Expert for Answers ASAP
Hi and welcome to JustAnswer. I’m Mo, a Qualified Accountant and Tax Expert. I’m currently reviewing your question and will respond to you shortly.
Thank you for your patience.
Have you received any bank internet?
Are you employed or self employed?
Do you usually file tax return?
Usually, you are required to include on your tax return.
Otherwise, hmrc can notify you to pay and possibly fine you.
If you did not include. I’ll suggest that you file an updated tax return with the interest.
Sorry to hear that.
Your bank or building society will tell HMRC how much interest you received at the end of the year. HMRC will tell you if you need to pay tax and how to pay it.
You are very welcome.
Wishing you all the best.