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Nationwide Bond interest
Comments
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Yes, in general it is better that the interest is spread over more than one tax year.[Deleted User] said:Surely, it's better to have your interest paid and declared annually than have it all declared for tax in one year, particularly if you are a border line tax payer. Having interest paid annually may keep you within the annual savings allowances, but declaring it all in one lump sum, may push you above the savings thresholds for that year.
The issue is that it is not clear that all savings providers are doing it the same way for some unexplained reason.0 -
lindabea, thats exactly what i am hoping.0
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