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Tesco Save as you As You Earn and Income Tax!!

Can Anyone please Help Me - I Have Two Jobs, One Full Time One Part Time. All Of My Earnings From My Second Job (part Time) Go Into A Tesco Save As You Earn Polciy For 3 Or 5 Years Wherby I Save All I Earn from Tescos Into A Savings Policy With Tescos (saye) All Before Tax To Buy Shares In Either 3 Or 5 Years. Does Anyone Know How The Tax Works On This? i.e. If all of my earnings from Tesco are put into a SAYE (before tax) should I actually pay tax on these earnings??

Thanks.

Comments

  • SAYE are taken our after tax, you dont' pay tax on the shares after the maturity date.
    A minute at the till, a lifetime on the bill.

    Nothing tastes as good as being slim feels.

    one life, live it!
  • SomeBozo
    SomeBozo Posts: 1,195 Forumite
    I got half way through your question and gave up struggling with capitalisng each word!

    Bozo
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