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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › National Savings & Investment (NS&I)
What I understand are below. can you please confirm?
1. the Interest income from National savings certificate is exempt from income tax
2. the interest income from other Investment products as like: NS&I direct saver a/c,Investment a/c are not exempt and taxed in the normal way.
What I am concerned about is are all the income from different investment products of NS&I are exempt or just few?
Thanks in advance!
You just need to know the ones dealt with in the notes