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:
“But the tax collector, standing far off, would not even look up to heaven, but was beating his breast and saying, ‘God, be merciful to me, a sinner!’”
—Bible: New Testament, Luke 18:13.
“Mischief springs from the power which the moneyed interest derives from a paper currency which they are able to control, from the multitude of corporations with exclusive privileges ... which are employed altogether for their benefit.”
—Andrew Jackson (1767–1845)