Unknowingly, millions of UK savers each year pay more tax than needed on their hard-earned interest. It may seem sensible and safe to put money aside in savings accounts, but the interest you earn isn’t always tax-free. In the UK, tax on savings is governed by strict HMRC rules, and many consumers are unaware of the “savings interest tax trap” until it’s too late, often after an unexp... https://coxhinkins.co.uk/blog/avoid-savings-interest-tax-trap/