Manchester accountants can help manage joint savings

Published on July 18, 2013 by Crawfords Accounting

Manchester accountants can help couples in the city to manage their savings – whether they are in one account, or several.

According to the Lloyds TSB Family Savings Report, ‘secret savings’ are a growing trend, with the average Briton having £823.48 in an account their partner does not know about.

Interestingly in the north-west, this is more than ten times the amount the average individual is happy for their partner to spend without telling them.

The north-west has the “tightest rein” in this regard, according to Lloyds TSB, with individual partners having just £79 to spend before their spouse wants to be informed.

In the south-east, by comparison, couples are either more affluent, or more easy-going, and typically do not worry about individual expenditure of up to £297.

Whatever your financial arrangements with your partner, Manchester accountants can help to make sure your savings are safe in the event of any economic shocks, and structured in a tax-efficient way.

Speak to our accountants in Manchester to find out more about how you and your partner can make full use of your tax-efficient savings allowances, to leave more funds in your household budget overall.

Household savings

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