Hi, At the moment all of our savings are in my name, If I split the savings into joint names with my OH, how does the 10% tax on the first £2000 odd of interest work? Does it mean that both of us are entitled to 10% tax on the first £2000 odd of interest each? My OH has income from private pensions but is 65 next year so will have state pension aswell he pays tax at the moment but of course his taxable allowance will increase next year when he reaches 65 . My only income is through interest on savings and also receive Carers Allowance (which I Know is taxable) - we both took early retirement a couple of years ago. Looking to receive the most income on savins interest that is possible. any help with this would be gratefully received.