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@wasanapak In the UK it's a flat amount across all lending institutions afaik so it applys collectively to all your earned interest. Drops to 500 if you earn over 50k and 0 of you earn over 100k

@gardenlady I wouldn't abolish DIRT but it should only apply above a certain tax free allowance. In the UK you get £1000 in interest before paying any tax but this threshold drops the more you earn eventually being consumed all together. It helps helps encourage savings for those on low to...