Leave your details and we'll call you back


National Savings - New Fixed Rate Bonds

In January 2015 (actual date to be announced), NS&I is launching new Bonds for investors aged 65 and over. These bonds were announced by the Chancellor in his March 2014 Budget Statement.  Full details of the bonds will be available when they go on sale in January, but some preliminary information has been issued.


These will be lump sum investments providing capital growth, not income.  There will be a one year bond and a three year bond, and it will be possible to subscribe for both issues. They should ideally be retained for the planned term but it will be possible to cash them in early with a penalty of 90 days’ interest.  The return will be 2.8% gross/AER for the one year bond and 4.00% gross/AER for the three year bond.  Anyone over age 65 can apply, with a minimum investment of £500 and a maximum investment per issue of £10,000. This means that a couple aged over 65 could potentially invest a total of £40,000 if they each subscribe to both issues. The interest will be added on each anniversary.


The interest is potentially taxable and will be paid net. It will not be possible for non-taxpayers to apply for gross interest payments, which means that a tax reclaim would be necessary. 


There is a limit to the amount of bonds that can be offered and they will be arranged on a ‘first come first served’ basis. It is expected that demand will be high therefore those interested in these issues will need to act fast.


Other news is that the upper investment limit for Premium Bonds will be raised to £50,000 at some point during the 2015/16 tax year.  Again, the actual date is yet to be announced.


If you would like any further information on this please contact Jenny Armstrong, robinson+co’s Chartered Financial Planner on 01900 603623.

News Archive

It's good to know that robinson+co fully understand the issues facing our industry.

Tyson H Burridge, Tyson H Burridge Ltd

After over two decades of outstanding service to my company, robinson+co continue to evolve as my own business has.

Mike Graham, G&M Supplies Ltd

When I became self employed, getting reliable personal and professional financial advice and accountancy help was so important. I have been fortunate to have had such good service from robinson+co over the last five years.

Alison Harker, Wigton

We would like to thank robinson+co for their outstanding service they provide us in dealing with our PAYE and CIS.We find that they are very professional and understanding to our needs.

Carole & Brian Atkinson, B&C Atkinson Ltd

We can't thank Christine Smith enough for all her patience and help in keeping us straight with our payroll etc., and not to forget Tracey Kennett for all our Sage help.

Modern Homes, Workington

robinson+co have acted as accountants for both me and my Limited Company for a number of years, and are without doubt the most reliable, professional and cost effective firm I have ever used.

Paul Blamire - Everhaven Data Solutions Limited

robinson+co is registered to carry on audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales.

robinson+co is a trading name of robinson+co (Gosforth) Limited registered in England & Wales 08088245. Registered office Oxford Chambers, New Oxford Street, Workington CA14 2LR. Regulated by the Institute of Chartered Accountants in England & Wales for a range of investment business activities.
robinson+co Financial Services Limited is registered in England & Wales 07272147. Registered office Oxford Chambers, New Oxford Street, Workington CA14 2LR. Authorised and regulated by the Financial Conduct Authority firm number 597189.

Professional indemnity insurance

The firm's professional indemnity insurance policy is provided by Liberty who may be contacted via Bluefin Professions at Castlemead, Lower Castle Street, Bristol BS1 3AG. The policy applies to claims wherever made outside the United States or Canada, based on acts, errors or omissions occurring anywhere in the world.

robinson+co Financial Services Limited's policy is provided by Collegiate Management Services Limited and can also be contacted via Bluefin Professions.

© 2012 accountancy@robinsonco.co.uk : Web Design & CMS by Fatmedia