Help!Need some advice

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I have about £40-£50K in a variety of forms. I would like to consolidate into the best tax free savings account. I am a high rate tax payer and my wife is a 22% rate tax payer. I was considering National Savings options. Any other ideas? I don't need quick access.
thanks
thanks
Would like to say someting smart or funny here...but the fear of failure is too great
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Notify the inland revenue , Form R17, that 99% is your wifes and 1% is yours. This is OK legally.
As you're intersted in tax-free accounts, I assume you've both already used up your Mini-Cash ISA allowance for the year?
Probably your best bed to invest some of it in National Savings Certificates which are also tax free. Some in your name, some in hers. You have a choice of index linked or fixed rates and given the tax benefit the rates aren't too bad.
You won't in the short term be able to get everything in one place tax free unfortunately.
Given the inland revenue ruling on joint accounts put any savings you are going to have to pay tax on in your wifes name to minimise your bill.
For that much money, I would consider using a low cost index tracker for at least some of it. You would be taking a risk with your capital, but over the longer term the return from share based investments has considerably beaten the return on savings accounts.
Good luck.
R.
PS. If you have a mortgage, you might get an even better return paying a chunk off that and paying of your home loan earlier. Just a thought, if you don't need £40-£50k for anything now.
You could also get an offset mortgage and effectively earn around 5% tax free through offsetting your savings against the mortgage balance and only paying interest on the difference.