Tax on savings interest
Previous tax years
If you’re self-employed and need to declare savings interest from a previous tax year, you’ll have to report it in a Self Assessment tax return.
HM Revenue and Customs (HMRC) automatically deducts tax on any savings interest you owe if you’re employed or get a pension.
Reclaim tax from previous years
You can reclaim tax paid on your savings interest if your income was below your Personal Allowance. You must reclaim your tax within 4 years of the end of the relevant tax year.
How to claim
You can claim through your Self Assessment tax return if you complete one.
If you do not send a Self Assessment tax return, find out how to claim a refund.
Get help
You can contact HMRC if you need help and advice.