15th Jan 2006
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Bank Interest tax deducted at 10%????

Bank Interest tax deducted at 10%????

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Has anyone else come across a Halifax Interest Certificate for 2004-05 showing tax deducted from BS interest at 10%?

Any idea why?
Richard Morgan

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By cathhammond
15th Jan 2006 15:27

probably a joint account where only one party is taxable.....

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By davidcrossley
16th Jan 2006 09:12

Registered for gross interest
I agree with Catherine.... I have had this situation with some of my clients. Check whether one of them has registered for gross interest.

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