Premium Bonds and Impot

Post Reply
Jaques
Posts: 247
Joined: Thu Mar 01, 2018 7:33 pm
Has thanked: 36 times
Been thanked: 12 times

Premium Bonds and Impot

Post by Jaques » Tue Apr 24, 2018 1:15 pm

Hi All

Where on my impot forms should winnings from Premium Bonds go please

Headers
Posts: 100
Joined: Sun Mar 04, 2018 9:52 am
Has thanked: 36 times
Been thanked: 22 times

Re: Premium Bonds and Impot

Post by Headers » Tue Apr 24, 2018 5:49 pm

I include it with bank interest on the 2047 form, but I have to admit that this year I have hit a problem which I cannot resolvecabd I’m off to see the impôt man next Monday.

User avatar
Tom
Posts: 1697
Joined: Fri Mar 02, 2018 2:30 pm
Location: 58 La Nièvre
Has thanked: 217 times
Been thanked: 385 times

Re: Premium Bonds and Impot

Post by Tom » Wed Apr 25, 2018 9:04 am

Premium bond winnings are treated as taxable interest. I declared them like this last year: 2TR on the blue form 2042K and lines 221-222-228, 230/2TR on the pink form 2047K. Don't forget to declare your NH&I premium bonds' account number on your list of foreign bank accounts on form 3916, regardless of whether or not you have won anything.
These users thanked the author Tom for the post:
Headers (Wed Apr 25, 2018 10:52 am)
Candy is dandy
But liquor is quicker

pomme homme
Posts: 774
Joined: Mon Mar 19, 2018 7:45 pm
Has thanked: 83 times
Been thanked: 141 times

Re: Premium Bonds and Impot

Post by pomme homme » Wed Apr 25, 2018 7:28 pm

Lucky you lot. My Premium Bonds have never produced any winnings in decades. I don't know why I hang onto them.

Post Reply