Tax Charges

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 the Financial Adviser.

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 There may, however, be a tax liability when funds are withdrawn from the product.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 There may, however, be a tax liability when funds are withdrawn from the product.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 Financial Adviser and product provider.

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

  

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