CAF Gold Account - Summary box
1Gross means that interest will be paid without any deduction of tax. You are responsible for paying any tax due to HMRC.
2AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
3Charitable organisations means organisations that are (a) registered with the Charity Commission for England and Wales, the Office of the Scottish Charity Regulator or the Charity Commission for Northern Ireland or (b) recognised by HMRC to have charitable status in the UK.