Yorkshire Building Society warning: Britons 'penalised' by £28bn savings tax raid over last 10 years
Yorkshire Building Society has issued a warning to savers as Britons have lost £28billion to a savings tax raid over the last decade, thanks to Government policy. Monday marks 10 years since George Osborne introduced the personal savings allowance, a policy designed to allow savers to earn interest on their money without paying tax up to a set limit. The allowance was introduced in 2016 during the Conservative Government led by David Cameron with the aim of protecting everyday savers from
Yorkshire Building Society has issued a warning to savers as Britons have lost £28billion to a savings tax raid over the last decade, thanks to Government policy. Monday marks 10 years since George Osborne introduced the personal savings allowance, a policy designed to allow savers to earn interest on their money without paying tax up to a set limit. The allowance was introduced in 2016 during the Conservative Government led by David Cameron with the aim of protecting everyday savers from
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