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  2. Your personal savings allowance (PSA) is a tax-free allowance that lets you earn interest on your savings without paying tax on that interest. The allowance you get depends on what rate of income tax you pay: Basic-rate (20%) taxpayers: can earn £1,000 in savings interest per year with no tax
    www.moneysavingexpert.com/savings/personal-savings-allowance/
    www.moneysavingexpert.com/savings/personal-savings-allowance/
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  4. WEBThe personal savings allowance allows you to earn up to £1,000 of interest tax-free on top of the starting rate for savers. The allowance varies depending on your income tax bracket; Basic-rate taxpayers - £1,000. …

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