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.
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Hodge is a trading name of Julian Hodge Bank Limited which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 204439. Portfolio Buy to Let loans, Residential Investment lending and Development Finance are unregulated financial products.
Hodge Life Assurance Company Limited is authorised and regulated by the Financial Conduct Authority under registration number 139315. Registered office for both in England & Wales is One Central Square, Cardiff, CF10 1FS (No.743437)