MrMagoo
Joined: 7/31/2024
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RE: Tax on Savings Interest
Currently I have transferred some of my Personal Allowance to my wife as I don't use it all but its possible that I may need to make use of the Starting Savings Rate allowance - do I need to stop the transfer of the allowance as in effect I could use the standard £12750 or will the Starting Savings Rate just start at a lower figure (with a corresponding lower total limit too of course) and my transfer stay in place?