We have 12 branches across Northern Ireland.Branch Finder
Whatever you’re saving for, it pays to know how you can really make the most of your hard-earned cash.
Your Personal Savings Allowance, available to most savers, subject to tax status, is designed to give you a little more for your money.
On 6th April 2016, HMRC introduced the Personal Savings Allowance, which allows savers to earn interest on savings income, tax-free – up to a certain amount.
It’s worth noting that interest from Individual Savings Accounts (ISAs) does not count towards your Personal Savings Allowance because these accounts are already tax-free!
So, it’s ‘win-win’ for you, our Members.
Your allowance is worked out around your income tax rate and the following guide will give you an idea of what you may be entitled to.
This is the easy bit! You don’t need to do anything at all to claim your Personal Savings Allowance (except of course, make sure you have a savings account in the first place).
The interest on your savings will be automatically paid without tax deducted.
Please note; if you exceed your Personal Savings Allowance you may need to pay tax on the interest you earn. HMRC will normally collect the tax owed by changing your tax code.
For over 100 years, we’ve been helping people in Northern Ireland save for the important things in their lives. We’re a building society, made up of local members helping local people, always with your best interests at heart.
We have knowledge staff in each of our 12 branches, so you can pop in and talk to us face to face about finding the right savings account for you.
Simply bring some photographic ID, e.g. a current passport or driving licence, along with you and we’ll have you up, running and saving in no time. For further information on photographic ID required view the Proving your Identity leaflet here.
For more information, simply contact your local branch and we’ll be more than happy to help you.
Get in touch today!
We look forward to welcoming you.
To request further information regarding our savings products or to request help with an existing account, please get in touch.