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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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This section includes a summary of common finance terms and their definitions. View Glossary→
Estate — [ esteit ] Noun
The accumulation of property and assets.
All the money and assets owned by an individual.
Capital — [ kapitel ] Noun
Wealth in the form of money or other assets owned by a person or organisation.
The employment of money in the production of greater wealth.
Estate Capital — [ esteit kapitel ] Service
Aiding the growth and accumulation of personal and family wealth and its transfer through the generations.