suggs

http://www.nationwide.co.uk/search/G....aspx?letter=R

R105 Gross Registration Form

Nationwide are unable to accept the HM Revenue and Customs R105 form to register accounts for gross interest at a foreign address. If you live abroad and wish to earn gross interest on your savings, you will need to open an account offered by Nationwide International Limited.

R85 (Tax Form)

If you are entitled to receive annual interest with no tax deducted, you can register your accounts by filling out an 'R85' form. A separate form will need to be completed for each account holder who wishes to register for non payment of tax. You can access this form by copying and pasting the following link into your browser:

http://www.nationwide.co.uk/internet.../forms/R85.pdf


Whats the difference, and why is it above?


Will ICICI Bank accept a R105 form.

ICICI Used to accept one;

http://www.icicibank.co.uk/hisave_td...est_rates.html

Tax Free Rate: It is the contractual rate of interest payable where interest is exempt from income tax. For residents whose income is below their annual tax free income limit, tax exemptions can be obtained by submitting a r85 form from HM Revenue and Customs. For Non Residents of UK tax exemptions can be obtained by submitting a r105 form from HM Revenue and Customs.

But not now?

http://www.icicibank.co.uk/home_interestrates.html

Tax Free Rate. This is the contractual rate of interest payable where interest is exempt from income tax. For residents whose income is below their annual tax free income limit, tax exemptions can be obtained by submitting a R85 form from HM Revenue and Customs.

Looks like if you are a non resident, then you have to pay tax at source at 20%, then claim back your allowance?



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suggs

Deserve a bump, any one else been there?