Tax on Savings

[Greeny85]

I've been reading up on Tax in savings and I understand that if you are a basic rate tax payer you can earn up to £1000 in interest before paying tax on savings but:

What if you are unemployed/SAHP and don't pay tax? And also:

What if I am a SAHP with savings in my name only buy my husband is a basic rate tax payer - do I need to it tax on my savings/ would it be considered some form of tax evasion to put all our savings in my name?

Its £1000 per person on basic rate tax.
Then £500 for 40% tax.m.moneyfacts.co.uk/

Yes but I'm not a basic rate tax payer. I don't pay any tax. So can I earn up to £17,850 in interest before paying tax?

Yes that's correct.

greeny
Putting savings into the housewifes name is a piece of tax planning that goes back at least 30 years.
As asset transfers between husband and wife are tax free
feel no guilt about doing it

My mother never understood why she had a tax return
but that is why my dad did as he was a top whack tax payer

Oh and definately not evasion, missed that past of your post.
Good tax planning and financial management.
Plus ISA's.

Good to know - thanks. DH is the earner in our family but I take care of the actual finances and we've had a sudden windfall which has taken me out of my comfort zone!