Discounts
If you are investing a large sum we may be able to improve on the quote terms.
For a specific quote contact our team on 020 7189 9999
Taxation
Returns are quoted 'net' of standard rate taxation.
If the holder is a higher rate payer (40%), a further 20% tax is due, calculated on the income or growth.
As the returns are quoted 'net', they need to be grossed up to be compared with Bank and Building Society deposit rates, Gilts and national Savings.
The tax credit cannot be reclaimed, which makes these Bonds inappropriate for non taxpayers, overseas investors, pensions and company investments.