Tax

What do you do about tax?

Basic-rate tax payers We will automatically take care of the basic-rate tax liability for you.

Higher-rate tax payers You'll have further tax to pay. The HM Revenue and Customs (formerly Inland Revenue) requires that, on your annual tax return, you declare all interest you receive.

Non-tax payers You can reclaim the income tax we deduct. Alternatively, gross interest can be paid. Just complete an HM Revenue and Customs registration form R85. If you change your account number in the future, you will need to complete a new R85 form.

What you need

You can download Form R85 from HM Revenue and Customs.

To view the pdf file you'll need Adobe® Reader®.