In comes the New Year with NDFA Income plan

The NDFA Regular Fixed Income Plan February 09 allows basic rate taxpayers to receive non-UK dividends tax-free, while rates are reduced to 25% for higher rate taxpayers. The five-and-a-half year plan, linked to the FTSE 100 index, provides a monthly fixed income of 0.5275%, equivalent to an annual rate of 6.517%, which is paid regardless of index performance. The plan also offers enhanced capital protection terms, whereby the starting index level is compared with the final index level, so that

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