The taxation of investment income in the UK has become more complex over recent years due to the introduction of various rates and allowances specifically relating to savings income and dividends.

If non-savings income is less than the starting rate limit, which for 2021–22 is £5,000 (as has been the case since 2015–16), then any savings income below this limit is taxed at the starting rate of 0% for 2021–22 and then at the usual rates on savings income above this limit.

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