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Tax and Tax Free Investments

Description: General Tax tips.

Newest Review: ... back. He can opt to invest a maximum of £3000 into a cash ISA that, in reality, just amounts to a passbook investment. There is no set term for which he would need to leave his money. He may need to give 7 days notice for withdrawals depending on the provider. Also, he may not necessarily get a passbook. It depends on which institution he chooses as a provider. He can only have one cash ISA ... more

... from any given source in any tax year. However, he is free to use another provider when entering a subsequent tax year. If he decides to invest between £1 - £3000 then this is called a mini-ISA regardless of type of investment i.e. cash or shares. If...more

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Tax and Tax Free Investments: Roald Dahl's Taxing Affairs (2131 words)
by - written on 19/02/02 (Very useful, 426 readings)
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Here I am sitting in my writing shed. You see, I don't type out my opinions, I paste them together with bits of old stories and a little paper glue. I'm a sort of Roald Dahl but without the talent. I've been scratching around trying to come up with my latest tale of the unexpected. Rather fiendishly, I've concocted a terrible story of the tax year-end looming and a wanton waist of individual tax allowances. Allow me to tell you more… ***Charlie and The Tax Factory*** Charlie is one of several groups that should avoid paying tax on the interest on their savings. He falls into the student grouping but others should be weary too. These ... Read the complete review

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