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you pay no tax on interest if your income is less than £17570

markbsac · 2025-12-09 20:54:15

why does martin never mention the following on his programme i have just watched the savings special and he never mentioned it...my pension is below £17570 my only income.…

Comments

dunstonh Posts: 121,417 Forumite

10 December 2025 at 11:33AM

TBC15 said:

Dazed_and_C0nfused said:

SloughSally said:

So if state pension goes over £12570, your starting rate for savings will go down?

Yes. For each £1 it goes over you lose £1 of the savings starter rate band.

What effect does Marriage allowance have for both parties? And does income from selling Unit trusts have an effect?

You dont get income from unit trusts you have sold. By selling them, any income ceases.

I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.

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