Aug 8 2006
Leeds Building Society is offering investors the chance to earn a generous five per cent interest on an Isa and Toisa.
The three-year fixed rate Isa and Toisa pays a guaranteed tax-free return of five per cent and customers can access up to 50 per cent of the initial amount invested without notice or penalty at any time.
Tessas (tax exempt special savings accounts) withdrawn in 1999, were created to encourage more saving and to allow investors to take all interest earned on the deposit accounts tax free, provided they were held for five years.
Those that matured after April 5th 1999, were rolled over into a Tessa only Isa (Toisas) so savers could continue to receive tax free interest.
"This account offers a highly competitive rate of return combined with access to some of the funds," said Stuart Fearn from Leeds Building Society.
"The minimum investment is also only £1, making this unique combination of a good return and access available to all investors."
Fidelity International is another company offering expertise and experience with a range of funds including Isas, for more information click on our free brochures page.
