![a person with a notebook and pen sat at a table with stacks of coins, the person is putting coins into a glass jar marked 'SAVING' a person with a notebook and pen sat at a table with stacks of coins, the person is putting coins into a glass jar marked 'SAVING'](/sites/default/files/styles/responsive_4_3_600w/public/2024-05/tax_on_savings_income._ihumnoi.jpg?h=e2bcc475&itok=sfIA7g-Y)
Tax on savings income
If you get paid interest on your savings, you need to understand whether you need to pay tax on it. On this page, we explain how interest is taxed and how that tax is then collected by HMRC....
If you get paid interest on your savings, you need to understand whether you need to pay tax on it. On this page, we explain how interest is taxed and how that tax is then collected by HMRC....
If you have joint savings (or shares), make sure you understand how the income is split between you for tax purposes....
If you invest in cryptoassets, you may make taxable gains or profits, or losses. You might also earn taxable income in the form of cryptoassets for certain activities. Investing in cryptoassets is high-risk. This page is intended solely to provide information about the UK tax position for individual...
Capital gains tax (CGT) is a complicated subject, so we provide an introduction only. We do cover the main issues, though, and signpost you to where you may find extra help....
Council tax is collected in England, Wales and Scotland (although there are some regional differences). In Northern Ireland, there is a rates system instead of council tax. Collection of council tax and rates is carried out by your local council....
Do you charge rent to someone else for living in a property that you own? Or do you sub-let a room in your house to a lodger? Having income from property, also known as rental income, means you need to consider your tax position. You may need to tell HMRC about it and possibly pay some tax if you ma...