Tag: starting savings rate allowance
Income Tax, Tax Mitigation
4 min Read 24 May 2021
The personal savings allowance for a basic rate taxpayer is currently set at £1,000. This means you can earn up to £1,000 per year in interest on your savings without...
1 min read 16 Jun 2019
Episode 226 - On this week's show we talk about the personal savings allowance and explain a little-known tax break that can increase your tax-free savings allowance from £1,000 to £6,000....