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Martin Lewis has issued a one-week warning to taxpayers As the beginning of the new financial year looms, Money Saving Expert Martin Lewis has issued a one-week warning to UK taxpayers who could risk losing out on hundreds if they don’t take action. ‘ a number of tax allowances you can claim back four tax years before the current one,’ he wrote in his latest newsletter.
This interest counts as savings interest for tax purposes, and as Martin explains, this means that 20% taxpayers can earn £1,000 per year tax-free. Martin Lewis urges everyone born between these years to put £1 in bank account now In a recent Budget Special episode of the Martin Lewis Money Show on ITV, the financial guru previously urged those aged between 18 and 39 to take advantage of a scheme to help them get on the property ladder.
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