Interest Rates

Notes:

General Investment Account (GIA) – Basic rate tax will be deducted at 20%. Any liability to higher rate tax is the responsibility of the client and/or IFA.

ISA – Cash interest in a Stocks & Shares ISA is subject to a flat rate 20% charge. There is no additional liability to any ISA holders.

SIPP (and all Pensions) – Interest on cash within the account is not taxable. There may however be a tax liability when funds are withdrawn from the product. Details are available from your adviser and product provider.

Offshore Bond – Interest on cash is not taxable within the account. There may however be a tax liability when funds are withdrawn from the product. Details are available from your adviser and product provider.

If you have any question regarding these rates please contact us.


	Balance - £	% on each wrapper
	0 - 9,999	3.30
	10,000 - 19,999	3.80
	20,000 - 29,999	4.00
	30,000 - 49,999	4.25
	50,000 - 149,999	4.50
	150,000 - 249,999	4.75
	250,000 - 499,999	4.85
	500,000 +	5.00
	Interest Rates last amended on 04/07/08

The above rates are set independently of Bank of England base rates and Investment Funds Direct Limited reserves the right to amend these rates at any time. Interest is not applicable to non-GBP balances.