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  • RE: Maximum Savings Interest before I need to pay tax

    Hi there I have an LPA for my Grandad and am trying to work out whether I need to do a tax return for him for 23/24. I have calculated that he earned income of £20500 from two company pensions and his state pension. He also earned £3750 in savings interest and £40 in dividends. I am planning to try and get better interest rates for his savings account but not sure how much he can earn in interest before I have to do a tax return for him. Many thanks

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