Question about interest and tax on interest

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1

Hi,
Got (hopefully) a simple question. Sorry if this is in the wrong section. :sweat_smile:
Does Monzo automatically report savings interest from an Instant Access Savings Pot?
Thanks.

2

Hey Norbert. Welcome to the community.

Could you be more specific?

3

Iā€™m pretty certain that all UK regulated banks will report interest amounts to HMRC

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4

yes they do and as monzo is a uk regulated bank it would be safe to say they do this