If I have money on deposit which is sunject to DIRT @ 20%, as a top rate taxpayer do I have to pay a further 22% on top of the DIRT ?
If so, does it make sense to have my savings in my wife's name, as she has no other source of income and would therefore not be subject to any further tax on the interest ?
If so, does it make sense to have my savings in my wife's name, as she has no other source of income and would therefore not be subject to any further tax on the interest ?