How many of the UK savers with Icesave declared the interest earned on their accounts to the UK taxman!?!
"Chancellor Alistair Darling promised that UK savers would get all of their money back, with the Treasury providing the FSCS with £800 million to fund the compensation of deposits over £50,000."
How do I claim compensation for not being fooled by the offer of such high rates of interest!?!
Subscribe to:
Post Comments (Atom)
2 comments:
Standard rate tax was automatically deducted from interest paid on Icesave accounts, just as it normally is with other UK banks.
Setting aside the moral hazard argument that they shouldn't get anything more than old compensation scheme; they should get no more than there capital plus interest they would have made if the money had been invested in a National Savings account.
Post a Comment