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Interest on savings allowance
Comments
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I could be wrong; I just read the gov website which says income, not taxable income.
https://www.gov.uk/apply-tax-free-interest-on-savings
No one has ever become poor by giving0 -
thegentleway said:I could be wrong; I just read the gov website which says income, not taxable income.
https://www.gov.uk/apply-tax-free-interest-on-savings
I think that is usual gov.uk over simplification. Non taxable income such as interest from ISA's isn't used to calculate your income tax liability.2
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