Quote:
Originally Posted by mrmistoffelees
Sorry, I agree with others , if I’ve worked to earn the money and already paid tax/NI then if I choose to invest it why exactly should I be taxed again ?
I’m getting very tired of HMRC spanking me at every opportunity not even interest on my savings is safe
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I never gave interest on savings a thought until I became self employed. (Not that I had much savings to consider). I have been taxed on mine since I have had to complete a self assessment each year, but I expect many who point the finger at the rich are on PAYE themselves and don't declare the interest they have earned.
Perhaps they should go after those on PAYE who don't complete a self assessment or fail to declare their savings interest to make it fair.
