It's a flexible ‘Good Friday' for tax-free ISA savings at Leeds BS

Leeds Building Society has all angles covered for customers who may be worried about the processing of their ISAs being affected by the end of one tax year, and the start of another, falling over the Easter Bank Holiday weekend.

The Society has announced that it is opening most of its branches until 1pm on Good Friday to help customers top up their ISAs before the tax year end. In addition its back Office support functions will be open from 8 a.m. until 2 p.m. on Good Friday, and again on the Saturday when all Branches will be open as normal. This is to ensure customers transacting by post are given every opportunity to invest in the current tax year. Finally, customers who transact online over the Easter weekend will see their transactions hit their account before the tax-year end deadline.

As the ISA season approaches, Leeds Building Society has launched a new suite of fixed rate ISA products, which include 1, 2, 3 and 5 year versions. All the products have the flexibility and peace of mind that comes with access to 25% of the funds, without notice or penalty, at any time. The Fixed Rate ISA deals also all allow transfers in from other providers.

Paul Kaye, Leeds Building Society's General Manager Sales said, "This new suite of products is available for subscriptions in the current 2009/2010 tax year and, with the end of this tax year in sight, I would encourage people to act quickly to use up their annual £3,600 ISA allowance (£5,100 for anyone born on or before 5th April 1960) which runs out on April 5th. To aid this process, we are opening most of our branches on Good Friday (2nd April) and all on Saturday (3rd April) for any last minute subscriptions.

"These products will also provide a great home for subscriptions in the new 2010/ 2011 tax year, which begins on April 6th when the maximum tax free allowance is increased to £5,100 for everyone.

"With the rate remaining at 4.60%, the 5 year product remains a best buy and offers clients somewhere to fix their ISA funds or transfer previous years allowances for a longer term. It also has the added advantage of allowing withdrawals up to 25% of the initial investment."