The Sunday Times Personal Finance Guide to Tax Free Savings: How to Make Your Money Work Hardest for You

by Christopher Gilchrist (Author)

• Used

  Paperback
  1996

  $4.12

  Nobody likes the taxman, especially when it comes to the inroads he can make on your savings. But a desire to escape tax has led people into all sorts of rash moves, from leaving money under the mattress, to complicated tax-free schemes which enrich no-one but their promoter, or to downright cheating - which can land you in jail! The smart thing to do is to make maximum use of legal tax-free and tax efficient schemes. The opportunities are considerable today, and making quite simple decisions could now, quite literally double your money in the years to come. From the basics of investment and tax, with a look at the traps, this work advises on how to plan a sensible investment strategy for maximizing a tax sheltered portfolio. The guide also makes the distinction between tax-free and tax-efficient schemes and examines the different risk levels of investments: such as offshore funds, personal equity plans, life assurance bonds and venture capital funds.