Tax Privileges
- Growth is free from capital gains tax within the fund and on encashment.
- Income is free from income tax.
Read more about this topic: Personal Equity Plan
Famous quotes containing the words tax and/or privileges:
“What is the difference between a taxidermist and a tax collector? The taxidermist takes only your skin.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
“One of the duties which devolve upon women in the present interesting crisis, is to prepare themselves for more extensive usefulness, by making use of those religious and literary privileges and advantages that are within their reach, if they will only stretch out their hands and possess them.”
—Sarah M. Grimke (1792–1873)