In comes the New Year with NDFA Income plan

NDFA has unveiled its latest Regular Income plan, delivering tax efficient returns for dividend income from non-UK shares. With interest rates cut to their lowest level, NDFA believes that 2009 will be the year of the income investment. "Income will, without doubt, be the standout and must have investment for many people in 2009," says Ronan Gelling, marketing manager at NDFA.

The NDFA Regular Fixed Income Plan February 09 allows basic rate taxpayers to receive non-UK dividends tax-free, while rates are reduced to 25% for higher rate taxpayers. The five-and-a-half year plan, linked to the FTSE 100 index, provides a monthly fixed income of 0.5275%, equivalent to an annual rate of 6.517%, which is paid regardless of index performance. The plan also offers enhanced capital protection terms, whereby the starting index level is compared with the final index level, so that