I love the great news that I can keep £1000 of savings interest tax free from April, 2016. However, I have looked on all sorts of sites for information regarding this news and its connection to tax credits declarations.
I have an isa and I know I don't have to declare anything about that, but does anybody know what is going to have to be declared with an ordinary account please?
Or anything to do with it? I am thinking of moving my Halifax isa(1%) interest to a higher yielding easy access account, but I daren't because I don't know what may need to be declared to the tax credit office.
Would be grateful for any answers. Maybe it's a question for Martin or someone who works at tax credits? Thanks x
I have an isa and I know I don't have to declare anything about that, but does anybody know what is going to have to be declared with an ordinary account please?
Or anything to do with it? I am thinking of moving my Halifax isa(1%) interest to a higher yielding easy access account, but I daren't because I don't know what may need to be declared to the tax credit office.
Would be grateful for any answers. Maybe it's a question for Martin or someone who works at tax credits? Thanks x
