Savings interest and tax information
Chetwood Bank does not provide separate tax deduction certificates for savings interest (Certificate of Interest).
Since 6 April 2016, savings interest has generally been paid gross, without banks or building societies deducting tax at source. This means a tax deduction certificate is no longer required where no tax has been deducted.
If you need details of the interest paid on your savings account, for example when completing a tax return, you can find this information in your transaction history.
You can view your savings account and check the interest credited to your account at any time through Online Banking. You can also download your transaction history, which includes details of interest paid on your savings, including the relevant dates.
To download your transaction history, log in to Online Banking, select your savings account, choose View transaction history, and then select Export.
If you have difficulty accessing this information online, or need additional support, please get in touch and we’ll be happy to help.
If you have any questions about your tax obligations relating to savings interest, or need further guidance, please contact HMRC directly or visit GOV.UK for the latest information.