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SAVINGS: Will you pay tax on the interest you earn?

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Be Clever With Your Cash

Interest rates on savings have been getting better and better this year, and look set to rise even more. The bad news is this could mean you're more likely to pay tax on the interest you earn.

W A T C H N E X T

My latest savings best buys    • Best savings accounts updates  

Regular savers explained    • Are Regular Savers worth it?  

Do you need a Cash ISA?    • Do you need a Cash ISA?  

#savings #interestrates #taxfree

00:00 The personal savings allowance
01:46 Start to Save taxfree allowance
02:29 Cash ISAs taxfree allowance
03:07 Premium Bond taxfree allowance
03:16 What happens when rates rise or you save more?
06:50 Warning: Fixed rate and regular savers
07:45 How to avoid tax on your interest

MORE

S U B S C R I B E    / @becleverwithyourcash  

N E W S L E T T E R https://becleverwithyourcash.com/news...
(You'll also get a free Quidco bonus for signing up)

T W I T T E R   / andyclevercash  

I N S T A G R A M   / andyclevercash  

F A C E B O O K C O M M U N I T Y   / 2661970707423383  

B L O G https://becleverwithyourcash.com


A B O U T A N D Y

Andy Webb is a money blogger and journalist. He runs the awardwinning website Be Clever With Your Cash, hosts the Cash Chats podcast, presented Channel 5’s Shop Smart Save Money and writes every month for Reader's Digest. Andy also founded the community ukmoneybloggers.com.

DISCLAIMER
Content in these videos does not constitute regulated financial advice. Any offers mentioned were correct at the time of filming.

posted by bee15099z