Are there any tax implications if I save money with Upside?

Understanding Tax liability on your Upside Account:

• The balance in your Upside Account does not accrue interest
  
• As such, there is no tax liability incurred on money saved in your Upside Account"
  
  

undefined Please Note:

• This information does not aim to provide or constitute tax advice
• Please seek independent appropriate tax advice if deemed required
• The source of the funds are subject to standard UK Tax regulations as set out by HMRC
• It is your responsibility to ensure you pay appropriate taxes as outlined by HMRC

Updated on: 24/11/2020