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Tax-Free InvestmentsCategories: Tax Planning Share: Is There Such a Thing as a Tax-Free Investment?The simple answer to this question is “yes.” There are two main types: (1) municipal bonds and municipal bond mutual funds and (2) tax-free money market funds.Municipal bonds are issued ...
Ordinary shares in Herbert plc 54,000 Building society deposits 25,000 Other investments (22,000 + 19,000 + 34,000) 75,000 Proceeds of life assurance policy 100,000 Pension fund 0 562,000 Credit card debts (700) Funeral expenses (4,300) Chargeable estate 557,0...
"Small refunds indicate you are paying just the right amount of taxes – not too much to provide an interest-free loan to the government but not too little to result in the assessment of interest and penalties,” she adds. Related: How to Adjust Your Tax Withholding Don't Let Your Refu...
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