How To Avoid Paying Tax On Savings Interest

How To Avoid Paying Tax On Savings Interest

Jul 27, 2024 | Blog, Financial Planning

Recent data from HM Revenue and Customs (HMRC) shows that people are probably not doing enough to avoid paying tax on their savings interest.  For the 2023/24 tax year the amount of Income Tax collected from UK savers was around £6.6billion. This is nearly double the...