Category › Personal Tax › Income Tax – Savings, Dividends & Extra Income › Chapter-1 : Savings Interest & Investment Income
Chapter-1 : Savings Interest & Investment Income
The tax legislation requires the deduction of tax from yearly interest that arises in the UK. This typically refers to...
Deduction of tax on yearly interest
The tax legislation requires the deduction of tax from yearly interest that arises in the UK. This typically refers to...
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Tax rules for savings interest
You could earn up to -18,570 in tax-free savings interest in 2025-26, thanks to the personal allowance, starting rate for...
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Interest on children-s savings
All children in the UK have their own personal allowance, currently -12,570. There are special rules if a parent gifts...
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Invest and save tax
The Annual Investment Allowance (AIA) is a generous tax relief that allows for the total amount of qualifying expenditure on...
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Unclaimed child trust fund accounts
HMRC has published their latest statistics on Child Trust Funds (CTFs) that reveal that whilst around 500,000 accounts have now...
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Simplified tax system for savers
The government has announced a number of new measures to help millions of people boost their future savings. One of...
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Tax-free savings interest
The Personal Savings Allowance (PSA) was launched in April 2016. For basic-rate taxpayers the first -1,000 of interest on savings...
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Tax on dividends
Let's talk about tax dividends that was initially introduced in 2016. It replaced the old "dividend tax credit" with an...
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Claiming child trust fund cash
If you turned 18 on or after 1 September 2020 there may be cash waiting for you in a dormant...
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