SAIM2000 - Interest: overview and contents
Overview
This section of the Savings and Investment Manual explains the taxation of interest received by individuals and trustees.
Contents
| Introduction |
| What is interest? |
| Specific inclusions |
| Exemptions |
| Taxation of interest |
| Sale of interest rights |
Introduction
| SAIM2010 | Introduction |
| SAIM2020 | The layout of the guidance |
What is interest?
| SAIM2030 | Meaning of interest |
| SAIM2040 | When does interest run? |
| SAIM2050 | Voluntary payments |
| SAIM2060 | Case law |
| SAIM2070 | Lump sum receipts |
| SAIM2080 | Financial mis-selling |
| SAIM2090 | Financial mis-selling: practical considerations: |
| SAIM2100 | Solicitors’ client accounts |
Specific inclusions
| SAIM2200 | Specific inclusions: introduction |
| SAIM2210 | Funding bonds |
| SAIM2220 | Discounts |
| SAIM2230 | Discounts: taxation: |
| SAIM2240 | Discounts: case law |
| SAIM2250 | Alternative finance return |
Exemptions
| SAIM2300 | Tax-free savings income |
| SAIM2310 | Tax-free savings income: ISAs, PEPs and CTFs |
| SAIM2320 | Other statutory exemptions |
| SAIM2330 | Personal injury damages |
| SAIM2340 | Compensation for mis-sold pensions |
Taxation of interest
| SAIM2400 | The charge to tax |
| SAIM2410 | Person chargeable: examples |
| SAIM2420 | Joint accounts |
| SAIM2430 | Children’s accounts |
| SAIM2440 | When interest arises |
| SAIM2450 | Accrued interest |
Sale of interest rights
| SAIM2500 | Introduction |
| SAIM2510 | Disposal of deposit rights |
| SAIM2520 | Disposal of deposit rights: the legislation: |
