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Tax Exempt Savings Plan - Savings Account
(Which Way To Pay - 7/6/2011)
The Tax Exempt Savings Plan will help you to maximise your tax efficient savings. The great thing about this plan is how it is up to you when you would like to receive your guaranteed sum of money giving you a lot more control of the plan. The plan is designed to help you to save money and this can be from just £15 a month, with the potential to grow along with the savings plan. In addition to this plan you will also be able to take out a Tax Exempt Savings plan, for example ISAs and you will have absolutely no capital gains or income tax to pay. Unlike other policies, there is no upper age limit in order to take out a policy and it has a feature where your partner can also take out their own Tax Exempt Savings Plan as well as you.
When taking out this sort of plan please be aware that changes in future legislation could potentially affect the tax status of the plan, which would of course affect you and your money. It is advised that if you want to look after the tax efficiency of your plan it is a very good idea to continue your monthly contributions for the term that you have chosen. Be aware that if you donít make these regular contributions you might be subject to tax.
Tax Exempt Savings Plan is ranked 3 out of 5. Based on 1 review.

3 Star Rating        
1 Star: 1 Star RatingPoor
In relation to other products, has performed badly and has little or no worthwhile benefits.
2 Stars: 2 Star RatingBelow Average
Has some features of value, but in comparison to others performs below standard.
3 Stars: 3 Star RatingAverage
A fair product with regards to its competitors - has no outstanding features or benefits.
4 Stars: 4 Star RatingGood
In comparison to other products performs above standard, has beneficial features.
5 Stars: 5 Star RatingExcellent
Performs well above standard in comparison, has exceptional features and benefits.

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