eddidas

Hello admin, My wife and I both have an annual salary of £12,570. We jointly have £100,000 in cash savings with an annual interest rate of 4%. To fully utilize the £1,000 personal savings allowance each year, could we transfer the savings to each other’s account halfway through the tax year? (We are not considering splitting the savings in half from the beginning, as the interest rate would decrease.) Thank you :)