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Re: Tax on fixed-term accounts - how does it work?

  •  Tue, Apr 21 2009, 1:12 AM

    Re: Tax on fixed-term accounts - how does it work?

    I'm afraid Tax is due on the day, and hence the Tax year, the interest is paid irrespective of the term earning it. Bad luck for you but in the future you might find this useful for Tax planning.....

    IMHO

    • Post Points: 5
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