Scottish Friendly Tax-Free Flexible Plan
Want to pay less tax on your savings and investments? Tax-Free Flexible Plan could be the investment plan for you. If you're a UK resident aged between 16 and 64 you can make regular tax-free investments, from as little as £15 - £25 per month, in Scottish Friendly's Tax-Free Flexible Plan. What's more, this is over and above any savings you may have in an ISA. Scottish Friendly's Flexible Plan is a long- term investment. It's designed to help you invest for the future but with the option to take out your money earlier. Your savings and investments are tax-free when you maintain the Plan for more than 10 years. Under current law, tax-free means free of income and capital gains tax except for tax on dividends from UK shares - so just like an ISA. Like any tax break it depends on individual circumstances and can change in the future. Invest for your future with the Scottish Friendly Flexible Plan and it could mount up to a tidy sum. However, you must remember that as with all stock market investments the value of your investment may fall as well as rise and you might not get back as much as you have paid in.
Other savings accounts by Scottish Friendly
| Account | Interest (AER)
The account’s Annual Equivalent Rate: shows the interest you will earn over a year as a percentage. If interest is paid monthly, this rate will be higher than the gross interest rate (as the interest will be compounded). |
Interest Paid
This shows how often the interest is calculated and paid. |
Account Type / Term Type of savings account and length of account term (if applicable). |
Account Access
Online - Access via internet banking. |
Min / Max Balance Some accounts have minimum and maximum balances. If the account holder’s balance falls outside these limits they may be subject to interest penalties or account closure. |
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 | Scottish Friendly Scottish Bond | varies | OnlineTelephoneBranchPost | No limit | MORE INFOReview | ||
Accounts with an asterisk next to the AER interest have a bonus applied to the interest rate, place your mouse cursor over the asterisk to view the bonus.
Other popular savings accounts
| Account | Interest (AER)
The account’s Annual Equivalent Rate: shows the interest you will earn over a year as a percentage. If interest is paid monthly, this rate will be higher than the gross interest rate (as the interest will be compounded). |
Interest Paid
This shows how often the interest is calculated and paid. |
Account Type / Term Type of savings account and length of account term (if applicable). |
Account Access
Online - Access via internet banking. |
Min / Max Balance Some accounts have minimum and maximum balances. If the account holder’s balance falls outside these limits they may be subject to interest penalties or account closure. |
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 | Chelsea Building Society Fixed Rate e-ISA | 3.20% | Yearly | Cash ISA / Fixed until 31st May 2013 | OnlineTelephoneBranchPost | £100 - £5,640 | MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria.
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 | ING Direct Savings Account Open an Account in as little as 10 minutes! | 3.10%
| Monthly | Easy Access | OnlineTelephoneBranchPost | £1 - £1,000,000 | MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria.
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 | Derbyshire Building Society NetSaver (Issue 3) | 3.06%
| Yearly | Easy Access | OnlineTelephoneBranchPost | £1,000 - £5,000,000 | MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria.
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Accounts with an asterisk next to the AER interest have a bonus applied to the interest rate, place your mouse cursor over the asterisk to view the bonus.
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