When is NS&I 3yr Bond Interest taxable?

Terry98

RG2015 wrote: »

Perhaps, but there are not that many on tight budgets who would breach their PSA limit.

You are most probably right.

Anybody exceeding the PSA limit should have sheltered it in an cash ISA

Dazed_and_confused

Surely that depends on whether you want to avoid paying tax or get the most return from your savings?

Better to have 2.2% taxable at 20% than say 1.5% from an ISA

Terry98

I was assuming cash ISA rates were the same as ordinary savings accounts which was the case a few years ago before savers were squeezed out of the market!