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To provide a clearer picture of the information in your Year End Investment Statement, we have provided sample forms with comprehensive explanations.

We can provide you online assistance with Annual Statement of Investment Account, Statement of Remitted Interest, How to Request a 975 Certificate and Notes to the Statements.

Please read the following important notes concerning your Annual Statement. These should answer any questions you have. If, after reading these notes you need any further help, please call our Investment Helpline on 08458 501722*.

NOTES

1. If your interest is credited to your account, the passbook (if applicable) will be brought up-to-date when you carry out your next transaction or, if you request it earlier.
2. (a) Income Tax at the rate of 20% on the interest shown overleaf (with the exception of Expatriate Accounts, Charities, Exempt Pension Funds, ISAs and TOISAs) is deemed to have been paid by the Society under arrangements with the Commissioners of HM Revenue & Customs, unless valid HM Revenue & Customs form(s) R85 has/have been received from the account holder(s), and registered by the Society, in respect of their share of the interest which is being claimed on a gross basis (ie without tax deducted).
   (b) Individuals who are non-taxpayers, and who have not registered to receive their interest without tax deducted, can claim a repayment of tax from HM Revenue & Customs. Similarly, individuals with taxable income in the starting rate band of 10%, who are due to pay less tax than the amount deducted from their interest, can also claim a repayment of tax direct from HM Revenue & Customs.
   (c) Please note that in the case of accounts held in more than one name, where all account holders have completed a form R85, interest has been paid without tax deducted. If not all named account holders have registered as non-taxpayers, interest has been paid part net/part gross, in proportion to the number of account holders who have provided us with completed R85 forms.
   (d) Any interest shown overleaf, whether or not tax has been deducted, should be included in your annual return of income to HM Revenue & Customs and this statement may be used for this purpose, with the exception of ISAs and TOISAs.
   (e) IF YOU HAVE COMPLETED A FORM R85, YOU ARE REMINDED THAT YOU MUST TELL THE SOCIETY IMMEDIATELY IF YOU ARE NO LONGER ENTITLED TO RECEIVE INTEREST WITH NO TAX DEDUCTED.
3. (a) Expatriate Accounts, where valid HM Revenue & Customs form(s) R105 has/have been received from the account holder(s), and registered by the Society, interest has been paid without deduction of UK income tax.
   (b) YOU ARE REQUIRED TO NOTIFY THE SOCIETY WITHOUT DELAY IF ANY PERSON BENEFICIALLY ENTITLED TO THE INTEREST FROM THIS ACCOUNT BECOMES ORDINARILY RESIDENT IN THE UK.
4. This statement is NOT a statement for the purposes of Section 975 of the Income Tax Act 2007 (formerly referred to as a Section 352 Certificate). If you require a Statement of Deduction of Tax for that purpose one will be issued on request if you return the slip overleaf. If you have previously requested a 975 statement, you will automatically receive one for this tax year.
5. Should you not agree with the balance shown on this statement please write enclosing your passbook (if applicable), direct to Customer Services at the Principal Office, Skipton, North Yorkshire BD23 1DN.
6. If any details of your name or address are incorrect, please advise your local branch or Investment Administration at: Principal Office, The Bailey, Skipton, North Yorkshire BD23 1DN by adding the correct information to the change of address form. You may also use this form if changes occur during the year.
7. If you have any queries about this statement, you can call our Investment Helpline on 08458 501722 or Scarborough Investment Helpline – 08454 584522*.
8. NO MAILING REMINDER
   From time to time, the Society and other companies in the Skipton Building Society Group may bring to your attention additional services and products in writing or by telephone. Unless you have already done so, you can request not to be contacted by writing to the Society at: Principal Office, The Bailey, Skipton, North Yorkshire BD23 1DN.
9. If you would like this in large print, Braille or audio, please contact us on 0800 446776* or fax 01756 705700.

ADDITIONAL NOTES FOR ISAs

Investors should note, that in accordance with ISA rules, investments in any tax year are limited to the amount permitted by HM Revenue & Customs (£3,600 in 2009/2010 or £5,100 if you are aged 50 or over on or before 6 April 2010) regardless of the level of withdrawals made.

If you have subscribed to your Skipton Cash ISA in 2009/2010, you may continue to subscribe to the same ISA in 2010/2011, subject to product terms and conditions. If you did not make a subscription to your Skipton Cash ISA in 2009/2010, a new application form will be required if you would like to subscribe in 2010/2011. An application form can be obtained from your local branch or requested from our Investment Helpline 08458 501722*. The tax year runs from 6 April to 5 April. If your passbook is up to date it will clarify what subscriptions you have made to your Skipton Cash ISA, alternatively you may call our Investment Helpline.