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STAMPS 6.7% or 9.5% tax free savings
![[Deleted User]](https://us-noi.v-cdn.net/6031891/uploads/defaultavatar/nFA7H6UNOO0N5.jpg)
[Deleted User]
Posts: 12,492 Forumite
Royal mail stamps are going up on 3rd april. I have just invested a stack of money in 1st and 2nd class stamps direct from royal mail. The stamps have no price on them and therefore are equivalent to tax free interest of 6.7% on 1st class and 9.5% on 2nd class
I probably have enough for 3-4 years and there are bound to be even bigger savings during the years following april 2006
I probably have enough for 3-4 years and there are bound to be even bigger savings during the years following april 2006
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Comments
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Your return wil be of course less the cost of paying for the stamps, which will not earn you anything anymore.
Money can be used for a lot of purposes what use is a load of stamps unless you stick them on an envelope?0
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