Tax

How much tax will I pay on my savings? Every basic rate taxpayer in the UK has a Personal Savings Allowance of £1,000. This means the first £1,000 of savings interest earned in a year is tax free. If you are a higher rate taxpayer (40%) then your allowance is £500. When does the tax […]

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FSCS

Are my savings protected? The Financial Services Compensation Scheme (FSCS) is the UK’s statutory compensation fund set up to protect customers.  Your deposits with Hodge Bank are protected under this scheme up to £85,000.  You can read more about it here. […]

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Funding your Hodge Bank account

What is the Hodge Bank Sort Code? The Hodge Bank Sort Code is 30-16-27. Can I make additional deposits to my Fixed Rate ISA ? If you apply online, you can make additional deposits within 10 working days of the account opening date. If you apply by post, no further deposits are permitted once your […]

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