If you are paying low amounts of National Insurance to save PAYE, please go to the HMRC website and use your National Insurance number to check your lifetime contributions, to see if you should voluntarily add to them to receive full benefits when you are older.
The latest news from PMC Partnership incorporating Pomfreys Accountants – 1st October
If are a non tax payer earning below £12,570 you can earn up to £5,000 tax free of interest. If you are a basic rate tax payer earning over £12,570 up to £50,000 you can earn up to £1,000 of interest tax free.