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Personal savings allowance

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HMRC has updated its guide to the savings income nil rate, which applies to the first £1,000 for basic rate taxpayers and £500 for higher rate taxpayers from 6 April 2016, adding more information on the tax-free products that do not count towards the allowance, including ISAs, National Savings & Investments products and premium bond prizes (see

Issue: 1326
Categories: News