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Savings and Income Combined – New Tax Code

meatandtwoveg · 2008-03-19 13:20:14

Hello, If in the future, you are working, and are well under the 40% tax threshold, so any income you receive from your savings by way of interest can be taken into account, but you still are under the 40% tax threshold. You pay 20% tax on your savings, which the savings product institution automatically withholds; and…

Comments

meatandtwoveg Posts: 390 Forumite

20 March 2008 at 1:20AM

Mike, thanks for your time, its funny realy, the net makes you realise there still are some genuine, nice, helpfull people out there, you trot down to your local, and it seems to be people, who were maybe born on a planet of selfishness, or inpoliteness, the world is changing i suppose, but thanks Mike, been a great help!

I hope you stay healthy and happy!!!:beer:

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