Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Millions of UK savers face unexpected tax bills due to frozen allowances and rising interest rates.

flag Millions of UK savers face unexpected tax bills in the 2025-26 financial year due to frozen tax allowances and rising interest rates. flag Over 2.6 million individuals will pay taxes on their savings interest, with the average bill at £2,300, totaling over £6 billion in tax revenue. flag HMRC plans to collect National Insurance numbers to improve enforcement. flag Using Individual Savings Accounts (ISAs) can help avoid these taxes, though the ISA allowance may face scrutiny.

4 Articles

Further Reading