Investment Ideas – Higher Rate Tax Payers

Higher rate tax payers looking to invest may consider National Savings and Investments index-linked savings certificates.

These have been very popular in the past, and it was this popularity that saw their sales suspended in July last year.  Banks and Building Societies appeared to be unhappy that savers’ cash were heading away from their products towards NS&I certificates.

The new NS&I certificates are not as good as the previous version, with tigher limits on the amount invested and terms.  However, the tax free status of NS&I index-linked bonds will still be attractive to higher-rate tax payers.