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Savings

Reduce tax on savings by parking cash in gilts [Members]

For MAVENS and MOGULS by The AccumulatorFebruary 21, 202623 Comments

Are you paying tax on your savings interest? Would you like to pay less tax? Well, it turns out you can, by stashing your cash in gilts 1. It’s a legal and safe option that I’ve personally overlooked until now.

The trick is to move your money out of savings accounts and into certain individual gilts:

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Mavens gilts cash tax mitigation
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