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How much tax will I pay?
From April 2027, basic rate taxpayers will pay 24% on rental income and savings interest, higher rate 44%, and additional rate 49%. This means nearly half your interest could go to the taxman if you're in the highest band. This is on top of last year's increase, making it the second rise in two years.
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How does income tax work? How do other countries tax? Who is actually affected? Why target landlords and savers? Will I pay more tax? Do I pay US tax too? How many pensioners pay tax? How much can I save tax-free?The full catalogue
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