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Personal Savings Allowance

  • Sunday, May 21, 2017

From April 2016 HMRC is introducing a tax free personal savings allowance of £1,000 (£500 for higher rate tax payers) for savings income or interest.

This means that most people will no longer pay tax on their savings interest.

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Practice Administrator

Jo is responsible for our updates on personal taxation and contributes to our blog page.