Bank and savings interest may need to be on your Self Assessment. This guide explains the basics and how CabTax keeps it recorded.
Some bank interest is taxable above your savings allowance. Whether you need to report it depends on your total income.
Keep statements showing interest received. CabTax lets you log bank and savings interest as income types.
Interest is part of your total income, so it is included alongside your other earnings on your Self Assessment.
CabTax includes interest in your tax estimate and keeps records ready for your return. If unsure whether to report it, contact support@cabtax.app.
Join the waiting list and we'll email you the moment it's live — log income, expenses and mileage, and see your tax estimate as you go.
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