{"generatedAt":"2026-10-12T07:02:44.886Z","source":"https://stoozemax.com/savings-tax-threshold","question":"How much can you have in savings before paying tax in the UK?","basis":{"rateAER":5,"provider":"Starling Bank","account":"Easy Saver","accountType":"easy_access","ratesLastVerified":"2026-10-12T07:00:28.639+00:00"},"thresholds":[{"band":"basic_rate","label":"Basic rate (20%)","taxFreeInterestGBP":1000,"balanceGBP":20000},{"band":"higher_rate","label":"Higher rate (40%)","taxFreeInterestGBP":500,"balanceGBP":10000},{"band":"additional_rate","label":"Additional rate (45%)","taxFreeInterestGBP":0,"balanceGBP":0}],"notes":{"allowanceIsMeasuredIn":"interest, not balance","switchBonuses":"A current-account switch bonus is normally a promotional payment rather than interest, so it does not use the Personal Savings Allowance.","startingRateForSavings":{"maxGBP":5000,"withdrawnAtNonSavingsIncomeGBP":17570},"disclaimer":"General information, not tax advice. UK only."}}