HMRC’s New Savings Tax Rules Could Shrink Your £2,500+ Pot – Here’s What to Know
Rising bank interest rates have brought good news for UK savers, but there’s a catch. In 2025, HM Revenue and Customs (HMRC) is cracking down on savings tax, and anyone with £2,500 or more in savings could face a surprise tax bill. With the Personal Savings Allowance (PSA) staying the same and interest rates climbing … Read more