IanH replied on 04/05/2016 20:08
Posted on 04/05/2016 20:08
With the change to banks and building societies now paying interest 'gross' rather than 'net' i.e. with no deduction for tax, under the new tax rules.......has anyone else noticed that the meagre percentage paid has remained the same?
In other words, they have simply pocketed the tax that they used to deduct.
Halifax Bank have done this and I'm sure there will be others.
IanH