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Tax free savings? outside a mini cash isa
ashcarrot
Posts: 650 Forumite
in Cutting tax
I was wondering if there was any good way of getting a decent tax-free (or something less than 40%) for short-term < 1 year savings? Would premium bonds work for this?
Money, Money, Money ..... Banks/Casinos/Bookies give me all you money its a poor mans world....
0
Comments
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Premium bonds are tax free but there is the risk you will win nothing at all.
If you can tie the money up a bit longer, national savings certificates are also tax free and as long as you keep them for at least 1 year you get some interest.
R.Smile
, it makes people wonder what you have been up to.0
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