Tax efficient savings

 
Savings income includes account interest from:
  • bank and building society accounts
  • accounts with providers like credit unions or National Savings and Investments
  • interest distributions (but not dividend distributions) from authorised unit trusts, open-ended investment companies and investment trusts
  • collective investment accounts, for savings, or collective retirement sccounts, for pensions
  • income from government or company bonds
  • most types of purchased life annuity payments.

Interest from Individual Savings Accounts (ISAs) doesn’t count towards your Personal Savings Allowance because it’s already tax-free. We can also help with non-ISA investments.

Interest from National Savings and Investments (NS&I) tax-free products, namely Fixed Interest Savings Certificates and Index-linked Savings Certificates; and prizes won from Premium Bonds, also doesn’t count towards your Personal Savings Allowance because it’s already tax-free.



 

01483 521521