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I think you're supposed to be declaring unearned income. I know the form as Self Employed Declaration but it contains lots of sections on income from investments at home and abroad.
Airhead-
I've never done a tax return (contractor so accountants and then permie) so I have no idea. Taxing income in another country is a bit rich though, when you have multinationals using this to actively avoid paying tax and I'm just sat on some savings from my birth country. One of my accounts was losing me money until I put enough in it to avoid the bank fees!
hippy
How does that work with income banding? Like, does the foreign country take your whole income and then band it in their own way or do they compare it with the other countries bandings?
Also, that still doesn't answer how they share this tax info? Like, does the UK know about my savings in Oz? They've never mentioned it anywhere.