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Premium Bonds - Loss of tax free status

2»

Comments

  • Like I said at the beginning, cobblers!

    Prizes are tax free. End of.

    fj
  • Confirmation - I have held PB for over 5 years.....not paid any tax on the winnings.

    Not had any winnings mind you.
  • bigfreddiel
    bigfreddiel Posts: 4,263 Forumite
    I win every month - not paid any tax ever!

    fj
  • Eco_Miser
    Eco_Miser Posts: 4,938 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    bangon wrote: »
    'Will everyone (regardless of income) have to pay at least 20% tax on all Premium Bond prize winnings that exceed £1,000 after April 1st when the new Personal Savings Allowance rules kick in'?
    That's not even the case for savings interest, let alone tax-free winnings.
    Eco Miser
    Saving money for well over half a century
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