Tax on savings interest

My wife earns £11,304 from pension income against a tax allowance of £11,318. Is she able to earn up to £6,000 in savings interest made up of the £5,000 low income savings allowance and the £1,000 PSA. That would take combined income to less than the £17,350.

Hi,

That's correct - your wife can earn £6000 in savings interest through a combination of the allowances given.

Thank you.

Thank you very much 😊 👍