Building Society Savings Interest Certificate: Tax & Statements
A building society savings interest certificate shows how much savings interest was paid to you for a tax year. Depending on the society, the same document may be called a certificate of interest, tax certificate, interest statement, annual savings statement or annual interest statement.
You may need the figure for Self Assessment, to check an HMRC tax calculation, to give information to an accountant or simply to reconcile interest across several savings accounts. In many cases you can download the information through online banking; branch, telephone and postal accounts may require a request.
Tax and provider procedures reviewed 22 September 2026. HMRC rules, online menus and statement processes can change, so use the linked official source when requesting a document.
Savings Interest Certificate: Quick Answers
What Is a Building Society Savings Interest Certificate?
A certificate of interest is a record of savings interest for a particular tax year. Yorkshire Building Society describes it as a statement showing the amount of interest earned on savings during a tax year, while Nationwide describes its interest certificate as a document or statement showing interest earned in the tax year.
The wording and layout are not standardised across every mutual. One provider may create a PDF called “Certificate of Interest”; another may send an “Annual Savings Statement” containing the same tax-year interest information.
Interest Certificate vs Annual Statement vs Tax Certificate
Do You Actually Need an Interest Certificate for HMRC?
Not everyone needs to send a certificate to HMRC. UK banks and building societies report reportable savings interest to HMRC after the tax year, and HMRC uses that information for tax calculations, PAYE coding and checks on Self Assessment returns.
Official HMRC guidanceHow HMRC Collects Tax on Savings Interest
After opening this link:
- Find the section matching the total savings interest you earned.
- If you already file Self Assessment, follow the instruction to report savings interest on the return.
- If you use PAYE, read how HMRC can adjust your tax code.
- If your interest exceeds £10,000, read the Self Assessment requirement.
- If HMRC’s estimated interest is wrong, follow the instructions to update it.
How to Get a Building Society Savings Interest Certificate
Start with online banking if the account supports it. If you cannot find a tax or interest section, contact the building society and give the exact account and tax year needed.
- Write down the building society and exact savings account you need the figure for.
- Identify the tax year, for example 6 April 2025 to 5 April 2026.
- Log in through the society’s official website or app.
- Look under statements, documents, account options, manage tax, interest, correspondence or tax certificates.
- If available, choose the tax year and download the PDF.
- If the account is branch, postal or passbook-based, contact the society through its official number or branch.
- If the account is closed, say this clearly and provide enough account information for the society to locate it.
- Check the certificate against your own records before using the figure on a tax return.
How Major Building Societies Provide Interest Certificates
There is no single UK-wide download button. The routes below show why searching for only “tax certificate” can sometimes miss the document you need.
NationwideRequest a Nationwide Certificate of Interest
After opening this link:
- Check whether the savings account is open or closed.
- Follow the matching Internet Bank instructions.
- Open “View my interest and tax paid”.
- Choose the certificate-request option.
- If you cannot use Internet Bank, read the branch alternative.
Yorkshire Building SocietyDownload a YBS Certificate of Interest
After opening this link:
- Choose website, app, phone, branch or postal instructions.
- If using online banking, select the relevant savings account.
- Open “Account Options” then “Manage Tax”.
- Select the tax year needed.
- Print or save the certificate as a PDF.
PrincipalityPrincipality Savings Support & Tax Certificates
After opening this link:
- Find “Can I get a tax certificate for my savings account?”.
- Choose secure message, telephone or branch.
- Have the savings account details ready.
- State the exact tax year required.
- Keep the certificate with your tax records once received.
NewcastleNewcastle Savings FAQs
After opening this link:
- Find the question about an interest statement.
- Use Newcastle’s current contact route to request the statement.
- State which account you need it for.
- Ask for the relevant tax year rather than simply “last year”.
Building Society Savings Tax Rules for 2026/27
Building societies generally pay non-ISA savings interest gross, meaning Income Tax is not deducted before the interest reaches your account. Whether tax is ultimately due depends on your total income, savings interest and available allowances.
Example: basic-rate taxpayer
Suppose certificates from three building societies show £420, £510 and £320 of non-ISA interest for 2026/27. Total savings interest is £1,250. If the saver is entitled to the full £1,000 PSA and no other savings rules alter the calculation, £250 remains outside the PSA.
Example: higher-rate taxpayer
If certificates show total non-ISA interest of £750 and the saver receives the £500 higher-rate PSA, £250 is outside the PSA. The exact tax bill depends on the person’s wider tax position.
Official GOV.UKTax on Savings Interest
After opening this link:
- Read which types of interest are taxable.
- Check the Personal Savings Allowance applying to your Income Tax band.
- Check whether the starting rate for savings may apply if your other income is low.
- Add together taxable interest from all relevant accounts.
- Exclude eligible ISA interest from the ordinary taxable savings total.
Using an Interest Certificate for Self Assessment
If you complete a Self Assessment tax return, HMRC says you should report savings interest on the return. The cleanest approach is to collect the tax-year interest figures from every bank and building society before starting the savings-income section.
- Gather each provider’s certificate, annual interest statement or tax-year savings statement.
- Separate ordinary taxable savings accounts from Cash ISAs and other tax-exempt accounts.
- Check the tax year on every document.
- Add the relevant gross interest from sole accounts.
- Apply the appropriate share of joint-account interest.
- Include interest from accounts closed during the year where required.
- Keep the statements in case HMRC later asks you to support the figures.
Joint Building Society Accounts: Whose Interest Goes on the Tax Return?
HMRC normally splits interest from a joint bank or building society account equally between the account holders. If two people hold an account, HMRC will therefore usually treat half the interest as belonging to each person.
Simple joint-account example
A Coventry annual statement shows £800 total interest on a two-person joint savings account. Under the normal equal split, each holder would generally be allocated £400.
Do You Need an Interest Certificate for a Cash ISA?
Eligible Cash ISA interest is tax-free and does not count towards the Personal Savings Allowance, so you normally do not include ordinary valid ISA interest in the taxable building-society interest total.
Ordinary savings account
- Interest normally paid gross.
- May count towards taxable savings income.
- Included when checking the Personal Savings Allowance.
- Provider reports relevant interest information to HMRC.
Valid Cash ISA
- Eligible interest is tax-free.
- Does not use your Personal Savings Allowance.
- Ordinary valid ISA interest is generally excluded from bank/building-society interest reporting to HMRC.
- Still keep annual statements for your own records.
Fixed Rate Bonds: Why the Interest Certificate Can Differ From Your Calculation
Fixed-rate bonds can create confusion because a two- or three-year product may calculate interest daily but pay or credit it annually, monthly or at maturity. Your tax document is based on the provider’s treatment of the interest, not simply the bond’s headline AER.
Can You Get an Interest Certificate for a Closed Savings Account?
Often yes, although retention periods and request methods vary. Do not assume closing an account means the interest record has disappeared.
What if HMRC’s Savings Interest Figure Is Wrong?
HMRC may use the previous year’s provider data to estimate current-year savings interest in a PAYE tax code. That estimate can be too high or too low if your balance, provider or interest rate changed substantially.
- Open your HMRC Personal Tax Account and find the estimated savings-interest amount.
- Compare it with your building society statements and recent interest payments.
- If checking a completed tax year, collect each provider’s certificate or annual interest statement.
- Check for duplicate accounts, closed accounts and joint-account allocation.
- Check that ISA interest has not been confused with taxable non-ISA interest.
- If HMRC’s estimate or calculation is wrong, use HMRC’s current correction/contact route.
- Keep the documents supporting the amount you give HMRC.
Official correction guidanceSavings Interest Tax Refunds and Corrections
After opening this link:
- Choose whether the problem concerns the current or a previous tax year.
- Check HMRC’s estimated interest in your tax code.
- Compare it with your bank and building society statements.
- Follow HMRC’s route for updating an incorrect amount.
- If claiming a previous-year refund outside Self Assessment, review whether form R40 applies.
Using an Interest Certificate for an Accountant, Mortgage or Other Proof
An accountant will usually want the tax-year interest amount rather than a screenshot showing only the current balance. Other organisations may have different evidence requirements.
How to Organise Interest Certificates From Several Building Societies
Simple annual interest worksheet
Nationwide: £420 | YBS: £315 | Coventry: £280 | Joint Newcastle account: your share £160
Total non-ISA savings interest: £1,175 before applying any available tax-free allowances.
Common Interest Certificate Mistakes
Interest Certificate Request Checklist
Related Building Society Savings Guides
If the certificate has made you review how much interest you are earning, these published guides can help you compare account types and current society rates.
Official Tax and Building Society Sources
How This Guide Was Checked
Full editorial review: 22 September 2026.
Independent Tax Information Notice
Building-society.org is an independent information website. It is not HM Revenue & Customs and is not connected with Nationwide, Yorkshire Building Society, Coventry Building Society, Principality, Newcastle Building Society, Leeds Building Society or Progressive Building Society.
This article explains common savings-document and tax processes but does not provide personalised tax advice. Your taxable savings income can depend on your other income, allowances, account ownership and individual circumstances.
Building Society Savings Interest Certificate FAQs
1. What is a building society savings interest certificate?
A savings interest certificate is a document or statement showing the interest paid or earned on a building society savings account for a tax year. Providers may also call it a certificate of interest, tax certificate, interest statement or annual savings statement.
2. Do I need an interest certificate for Self Assessment?
If you complete Self Assessment, you need accurate savings-interest figures for the return. A building society interest certificate or annual tax-year statement is a useful way to support those figures, although you do not normally submit every certificate with the return unless HMRC asks for evidence.
3. Does my building society automatically send my interest to HMRC?
UK banks and building societies report reportable interest information to HMRC after the tax year. HMRC uses this information for PAYE coding, tax calculations and checks on Self Assessment returns. You should still keep your own statements and report savings interest when your Self Assessment obligations require it.
4. How do I get a Nationwide savings interest certificate?
Nationwide says Internet Bank customers can select the account, open Settings and choose “View my interest and tax paid”, then request an interest certificate. Nationwide also provides a route for closed accounts and says certificates can cover up to the last five tax years.
5. How do I get a Yorkshire Building Society certificate of interest?
YBS online customers can select the account, choose Account Options, then Manage Tax, select the required year and save or print the document. The YBS mobile app also provides an Interest Statement route. Certificates can additionally be requested by phone, branch or post.
6. Is savings interest shown before or after tax?
Ordinary UK bank and building society savings interest has generally been paid gross, without Income Tax deducted at source, since 6 April 2016. Any tax due is dealt with through HMRC according to your savings income, allowances and wider tax circumstances.
7. What is the Personal Savings Allowance for 2026/27?
For 2026/27 the Personal Savings Allowance is £1,000 for basic-rate taxpayers and £500 for higher-rate taxpayers. Additional-rate taxpayers do not receive the standard Personal Savings Allowance. Other tax-free savings rules, including the starting rate for savings, may also apply in some cases.
8. Do I include Cash ISA interest on a savings-interest tax certificate total?
Eligible Cash ISA interest is tax-free and does not count towards the Personal Savings Allowance. When calculating ordinary taxable building society interest, keep valid ISA interest separate. Some annual statements show ISA and non-ISA interest in separate sections for this reason.
9. Can I request an interest certificate after closing my account?
Many providers can supply historic interest information for closed accounts. Nationwide provides an online closed-account certificate route and Leeds Building Society says additional statements can be requested for closed accounts. Historic availability and request procedures vary by provider.
10. What should I do if HMRC’s savings-interest figure does not match my statements?
Collect your certificates or annual interest statements, check the tax year, joint-account shares, closed accounts and ISA exclusions, then compare the total with HMRC’s figure. If HMRC’s estimate or calculation is incorrect, use the current HMRC Personal Tax Account or contact route to update or challenge the amount.