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:
“...many tax collectors and sinners were also sitting with Jesus.”
—Bible: New Testament, Mark 2:15.
“Solomon’s ... excess became an insult upon the privileges of mankind; for by the same plan of luxury, which made it necessary to have forty thousand stalls of horses,—he had unfortunately miscalculated his other wants, and so had seven hundred wives....
Wise—deluded man!”
—Laurence Sterne (1713–1768)