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Search results: 1 article(s) found in topic: Husband and wife companies - keyword: Interest split

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Taxman changes his mind on income shifting

HMRC’s view was that interest earned on joint savings accounts by spouses must be taxed on a 50/50 basis. It has now quietly changed its view. Might this provide a chance for you and your spouse to reduce your joint tax bill? More...
Last updated: 18.10.2019

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