Skip to main content

beta This is a new service – your feedback will help us to improve it.

National Savings Bond

Answer
Jonty
Posted Fri, 20 Dec 2024 14:11:41 GMT by Jonty
I have a three year National Savings Bond that matures Feb 2026. In February 2024 I received interest that was titled 'Interest Capitalisation'. Do I declare this on the 23 - 24 tax return, or wait until the bond matures and declare all interest then as one figure?
Answer
HMRC Admin 19 Response
Posted Tue, 07 Jan 2025 15:01:49 GMT by HMRC Admin 19 Response
Hi,
If you cannot access it until the bond matures it will be in the 2025 to 2026 tax year that you declare it.
Thank you

You must be signed in to post in this forum.