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single or joint currant account which is best

interest allowance.applied to joint accounts  doe's both allowances apply to interest on current account interest ?

Comments

  • eskbanker
    eskbanker Posts: 38,118 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Allowances are applied individually rather than being aggregated as such, i.e. each person includes half of the joint account interest to their personal tax calculation.
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