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Help! Taxman wants another 20% from our interest!
Comments
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I would suggest that you change the account to a joint account and declare to the inland revenue that all interest will be paid to your wife. The interest could then be paid directly to her account since its a joint account.
As far as divorce or a breakup goes, any half decent solicitor would in any event ensure she got her share of the money.
Is this the case? I thought the interest on joint a/cs was treated as evenly split, but I'd be very happy to be wrong
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...whoever thougtht HMRC was ever fair.....!!0
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