Frequently Asked Questions

How is tax applied to a 40-Day Notice account?

Interest will be paid gross without taking account of any tax payable.

If you earn interest over your Personal Savings Allowance you will be required to pay any tax due yourself directly to HM Revenue and Customs. If you would like to read more about your Personal Savings Allowance, please visit the Governments website .


We value your feedback. Did you find this article useful?