You've reached the end of the results

No results found

For BT customers only

Is interest earned on term deposits taxable?

Yes, interest income from savings instruments is taxed at 10% under current legislation. 📜

This tax is withheld "at source", which means that we take care of paying the tax to the government, and the interest you will receive when it is due deposit will be 10% less. 📉

Latest update
  • Was your answer helpful?

  • How can we improve the answer?

    Sorry this answer was not helpful to you. Help us improve it

    0/500

    • Tags
    DepositsInterestTax