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If loyalty bonuses are taxable then the worth of our ongoing saving to you can be reduced, depending on the rate of tax you pay. Nonetheless, while we make this challenge we’re paying loyalty bonuses throughout the Fund & Share Account net of an quantity equal to the fundamental fee tax. We believe all loyalty bonuses are tax-free and we’re challenging HMRC’s interpretation. This hyperlink should not be construed as either a suggestion or provide to by or sell any securities.

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