Monday, 17 September 2012
Make The Best Use Of Your Annual Allowance With A Stocks and Shares ISA
Did you know that if you are a basic rate tax payer, when you receive 1 GBP in interest from your savings, the tax man is immediately entitled to 20p of it? In fact, that 20p is usually taken by the bank and given to the Government before your even get your statement. And if you are a higher rate tax payer the tax man could take up to 50p in each 1 GBP that you earn from money that you have carefully put away year after year.
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