Guidance

The starting rate of tax for savings: guidance

This gives information about changes to the starting rate of tax on savings as announced at Budget 2014

Documents

Details

From 6 April 2015 the starting rate of tax for savings income (such as bank or building society interest) will be reduced from 10% to 0%, and the maximum amount of taxable savings income that can be eligible for this starting rate will be increased from 拢2,880 to 拢5,000.

Updates to this page

Published 19 March 2014

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