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Tax on savings
sammyjammy
Posts: 7,964 Forumite
Apologies firstly as I am sure this has been asked before but my search facility is doing strange things!
When working out net interest for a basic tax payer is it as simple as gross interest x 0.79?
When working out net interest for a basic tax payer is it as simple as gross interest x 0.79?
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x0.8 (savings are taxed at 20%)Stompa0
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