Personal Savings Allowance

Effective from April 2016 the tax free Personal Savings Allowance means a large number of savers won’t pay tax on their savings interest. Banks, building societies and National Savings will all start paying interest on their personal savings accounts without the deduction of tax at source.

Read our personal savings allowance factsheet to find out more about how much allowance you will receive and how you will know if tax is due.

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Regulatory Statement

Dynamic Cash Management is provided by Gale and Phillipson Investment Services Ltd. Gale and Phillipson Investment Services Ltd is authorised and regulated by the Financial Conduct Authority (FCA 431387) and trades as Gale and Phillipson. Registered in England and Wales, number 05409822. Dynamic Cash Management is not regulated by the FCA. Registered office: Gallowfields House, Fairfield Way, Richmond, DL10 4TB.