How To Get Tax Free Interest
Money : Saving If you pay tax at a higher rate, then one attractive investment vehicle for you may be premium bonds. That's because if you pay 40% tax then the fact that anything you get through premium bonds counts as a prize and is therefore tax free is particularly important for you and increases effectively the average interest rate of premium bonds significantly. Therefore consider getting premium bonds and enjoy the tax free prizes that result. And of course there is always the chance of getting that really big prize for instance the million or even ten thousand pounds or so that will be a really wonderful prize - you have to be in it to win it, as they say, though most would content themselves with the periodic £50 or £100 win, you just never know!
Questions about saving money:
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