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RE: Tax on interest on long term fixed rate bond
If interest is paid at maturity but compounded annually, does this affect the personal savings allowance yearly or at maturity? -
RE: Tax on interest on long term fixed rate bond
Atom bank fixed 3 year no access. Interest paid annually but with the option of paying into either a separate account or compounded into the same fix. If I CHOOSE to have the interest paid into the same fixed account but it also gives me the option of switching at any time to have the interest paid into a separate accessible account then which tax rules apply please? Tax paid annually or on maturitu