How does this affect personal saving products with Anglo Irish Bank?
Anglo Irish Bank offers certain products that fall within the QTD criteria. In respect of these products we are required to pay gross interest to our customers. It is then the customer’s responsibility to forward this information to the HMRC for tax return purposes. This currently affects our 9 month and 1 year fixed rate bonds. Please note customers who currently do not complete tax self assessments will need to complete an assessment if their deposit falls within the QTD criteria.