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tax on income from interest on savings

hannahsmamma

hannahsmamma Posts: 170 Forumite

11 January 2012 at 4:52PM in Cutting tax

i have joint account (savings) with partner and the account earned £x interest in tax year, do i put full amount on form or just my half?

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Comments

CLAPTON Posts: 41,865 Forumite

11 January 2012 at 5:09PM

interest in joint acounts is generally deemed to be 50-50 so just your half

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