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Personal account interest summary for tax year

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    Personal account interest summary for tax year

    Bit of a dweeb question, but here goes.

    I'm using the "free" service offered by Brookson (and provided by Tenon) to complete my 2007 / 2008 tax return for me.

    Tenon have requested the interest summary for that tax year for my personal bank account(s).

    How does one usually obtain the interest summary for a personal bank account for the duration of a given tax year? Is it something that will always appear on bank statements at the end of the tax year, or does one usually have to phone the bank to ask them what the figure is? Do they send a letter out automatically if you inform them you're doing self-assessment returns?

    I've phoned NatWest and requested this information and they seem to be taking their time to get back to me.

    Ta

    #2
    Originally posted by Trev16v View Post
    Bit of a dweeb question, but here goes.

    I'm using the "free" service offered by Brookson (and provided by Tenon) to complete my 2007 / 2008 tax return for me.

    Tenon have requested the interest summary for that tax year for my personal bank account(s).

    How does one usually obtain the interest summary for a personal bank account for the duration of a given tax year? Is it something that will always appear on bank statements at the end of the tax year, or does one usually have to phone the bank to ask them what the figure is? Do they send a letter out automatically if you inform them you're doing self-assessment returns?

    I've phoned NatWest and requested this information and they seem to be taking their time to get back to me.

    Ta
    It's something that should be automatically sent out to you at the end of each financial year. Nat West has become extremely slack of late. The best thing to do is to go into your local branch and ask for a Certificate of Tax document on interests earned on all your Nat West Bank accounts. Calling them up and asking them for it is fruitless.
    If your company is the best place to work in, for a mere £500 p/d, you can advertise here.

    Comment


      #3
      Originally posted by Trev16v View Post
      Tenon have requested the interest summary for that tax year for my personal bank account(s).

      How does one usually obtain the interest summary for a personal bank account for the duration of a given tax year?
      You should be sent a summary of interest earned shortly after each tax year end. With some banks you may need to request it but they are obliged to provide it.

      QB.

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        #4
        Do you have a link to this free service or more details?

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