Dear Mr. Darling,
A recent look at NatWest's 'fact sheets' for savings accounts suggests that anyone with mroe than 50k in savings will get interest without tax deducted , whereas those with less will have tax deducted - at source - at basic rate.
Doesn't this seem unwise and, more important, unfair? Why should rich savers get to pay their tax later than less well-off savers? Why should we trust rich savers but not poor ones?
If you're really looking for loopholes to close, this certainly sounds like one, don't you think?