I was in two minds whether to write this article criticising the banks for promoting their tax-free savings products for fear of discouraging the act of saving in a country where the savings rate is negative, which means “we don’t
Avoid Tax Legally
The current rules governing the taxation of retirement funds provides for a legal tax avoidance scheme for the very wealthy to consider. This is why: Retirement funds pay no tax; that is no income, capital gain or dividend tax Non-tax