We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
N&SI tax free savings
evergreen
Posts: 396 Forumite
In one of the the pension threads someone mentions N&SI tax free savings. What are the interest rates on these and is there a maximum you can have a year. I have looked at the N&SI website but I am not quite sure I have understood it correctly. Would appreciate your help.
0
Comments
-
There are several tax-free products from NS&I. However, I assume you are referring to Index Linked Savings Certificates (since they are by far the best). The current issues offer an interest rate of RPI+1% tax-free. You can put £15k in each of the 3 & 5 year issues. There are usually a few issues per year. You get no interest if you sell the certs in the first year.
HTHIn case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.3K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.4K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards