Capital gains tax and local tax return

marcliff wrote:

Mart 63 wrote:Who do you bank with in the UK. I'm with Halifax and I can't get any interest on my savings. Also I'm not allowed to buy premium bonds or isa's.

Natwest

No you can't buy premium bonds or ISAs from Spain or, should I say, you aren't supposed to but some do as long as the payments are from a UK bank account. If you have an ISA you can keep it but you can't add to it once you lose UK residency.

Most banks won't let you open a UK account if you are not a resident but if you had an account before you moved they will let you although some are closing them down.

But I can assure you that, if you have an account, they do pay interest on that account and, indeed, one of the questions on my tax return is how much interest do I get and what currency.

marcliff wrote:Not many banks allow you to open an account if you are non resident. If you already have an account you can keep it with most banks but not the likes of Barclays, for example.
Natwest allows you to open an account as a non resident and so does Nationwide but you have to open the account in person and not online.

Not paying interest on a UK account is something I've never heard of unless it's an offshore account.