Interest paid may be tax deductible.
Prepaying a fixed interest rate allows you to lock in your interest rate for up to a year and can help you manage your cashflow. The interest paid may also be tax deductible depending on your personal circumstances and subject to the prepayment tax rules.
Tax laws are complex and may change over time, possibly with retrospective application. You should consult a tax specialist or your financial adviser regarding the tax consequences of investing in a margin loan.
Interest rates are reviewed monthly and are subject to change.
|Standard BT Margin Loan||6.02% pa (effective 15 December 2020)|
|Period||Paid in advance||Paid monthly in arrears|
|BT Investment Gearing Cash Management Account|