Current Accounts Previous (2024)

From 6th April 2016 interest is paid GrossGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs., meaning we will not deduct tax on your behalf. Dependant on your personal circ*mstances, tax may be due on your interest and it is your responsibility to disclose and pay any tax due directly to HMRC.

Please note, interest paid before 6th April 2016 will have been paid net (unless you registered the account with us to receive gross interest). NetNet rate is the rate of interest the account pays after basic rate tax has been deducted. was the rate of interest payable after allowing for the deduction of income tax at the rate specified by law.

Club Lloyds current account