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The Independent UK
The Independent UK
Kate Devlin

Warning for savers as 300,000 more people set to pay tax on their savings

Nottingham Building Society

Around 300,000 more savers will have to pay tax on their savings interest than five years ago, stark new figures reveal.

The number has jumped from 3.06 million in 2020–21 to 3.35 million this year, according to new information obtained under Freedom of Information laws.

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