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Savers hit with NS&I tax trap

Savers putting money into NS&I’s new savings bond face being hit with a tax trap owing to a quirk of how the bonds work.

United kingdomSarah colesLaura suterHargreaves lansdownShawbrook bankBritish savings bondGuaranteed growth bondGuaranteed income bondPremium bondsBritish savings bondsGrowth bondsSavings bondInterest rateTax billSavings allowanceMarginal tax rate

Top savings accounts that will make you the most money in a year

To help savers, the Mirror has worked out how much you could potentially earn in interest when saving into the accounts which are offering the highest interest rates right now

United kingdomRachel springhallSkipton building societyNottingham building societyCynergy bankParagon bank double access savingsTipton building societySkipton building society regular saverParagon bankRegular savings calculatorNottingham buildingBuilding societyRegular saverFirst directSavings interest calculatorTipton building

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