Interest cannot be paid gross to individuals not ordinarily resident in the UK for tax purposes. Individuals whose income falls within the basic rate band will have no more tax to pay on their interest.
Interest is paid tax-free which means it is exempt from income tax.
If you have one of the accounts shown and we change the rate, we will tell you using at least one of the ways set out in your account's conditions. If your balance falls below the minimum shown in the tables, please refer to the conditions of that account or ask for details. To help maintain our service standards we may record or monitor telephone calls. If you want to view the interest rates for accounts which are no longer available to new investors click here . Products and rates can change frequently and without notice, therefore please reload the page if viewing offline or through stored information on your computer.