1 June 2010 - 6 and 12 Month Sterling Offshore Fixed Rate Bonds Re-Issued by Skipton International
Skipton International Limited is offering a new opportunity to invest in their popular 6 and 12 month sterling offshore fixed rate bonds. Both products also offer monthly interest. The 6 month bond pays 2.26% gross AER or 2.15% gross as a monthly income option, whilst a return of 2.40 gross AER or 2.30% gross monthly is available with the 12 month account.
Maturity dates are 31 January 2011 for the 6 month account or 31 July 2011 for the 12 month variant. Both products are limited edition issues which will be withdrawn when fully subscribed, so savers are advised to move quickly. With a minimum deposit of £10,000, both Bonds have been structured to offer customers maximum flexibility. Interest can be added to the opening balance, paid away to a separate bank account or paid to a savings account with Skipton International. The maximum deposit is £5 million, but no withdrawals are allowed during the fixed rate terms.
Jim Coupe, commercial director, Skipton International Limited comments, "We are delighted to be able to extend these two offers. Both have been popular with customers, giving a known rate of return. With the backing of our parent, Skipton Building Society, the fourth largest in the UK, these accounts provides both safety and security, whatever happens in the markets."
19 July 2011
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A notice account is at the heart of the typical savings account offering
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05 July 2011
Olympics Hopeful Joins Skipton Swimarathon
Olympic hopeful Ian Powell joins Skipton Swimarathon as Ambassador
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23 May 2011
Jersey House Prices continue flat trend
Average price of houses and flats sold in the first quarter of 2011 similar to the whole of 2010.
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16 May 2011
Guernsey House Prices increase
House prices in Guernsey have increased and volumes broadly stable
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European Union Savings Tax Directive
Information for all EU Residents (including the UK)
This communication outlines the changes implemented, by the Government of Guernsey, on 1 January 2011, to the EU Savings Tax Directive ("The Directive").
Automatic Exchange of Information
If you are resident in the EU (including the UK) gross interest will be paid to you and be subject to an automatic exchange of information with The Guernsey Income Tax Authority. This report will detail your full name, postal address, account number/s, date of birth, place of birth, tax identification number (if known) and the amount of interest added to your account/s. Thereafter this will be forwarded to the tax authorities in your country of residence.
If you are deemed to be "non-domiciled" for tax purposes in your country of residence, we may be able to pay you gross interest without the need to submit an exchange of information report. To arrange this we require confirmation of your tax status, e.g. a letter issued by the tax authorities in your country of residence or accountants.
Non EU residents will continue to receive gross interest and it remains the responsibility of individual investors to disclose the interest earned on their accounts to the relevant tax authorities.
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