The tax free way to save
Save any amount in your Fairness ISA up to a maximum of £3,000 this tax year and up to £3,600 each tax year from 6th April 2008. The Fairness Mini Cash ISA is a share account with the Furness Building Society.
| Minimum Investment | Maximum Investment | AER | Gross p.a. | Net p.a. |
|---|---|---|---|---|
| £1 and over | £3,000 in the current tax year. £3,600 each tax year from 6th April 2008 | 5.49% | 5.49% | Tax Free |
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest is paid and added to your account each year. The Net rate is the rate of interest that would be payable after allowing for the deduction of income tax at the specified rate.
The minimum investment is £1,000 up to a maximum of £3,000 this tax year and up to £3,600 each tax year from 6th April 2008. The ISA 90 (Issue 2) is a share account with the Furness Building Society. ISA transfers from other providers will be accepted and the appropriate rate as detailed below. As you save more in your ISA 90 (Issue 2) you will earn interest at each of the higher rates.
| Minimum Investment | Maximum Investment | AER | Gross p.a. | Net p.a. |
|---|---|---|---|---|
| £1,000 | £3,000 | 5.59% | 5.59% | Tax Free |
| £3,001 | £9,000 | 5.69% | 5.69% | Tax Free |
| £9,001 | AND OVER | 5.79% | 5.79% | Tax Free |
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest is paid and added to your account each year. The Net rate is the rate of interest that would be payable after allowing for the deduction of income tax at the specified rate.