What are tax efficient investment structures uk? 2
Could anyone elaborate upon the tax-advantaged investment vehicles available in the UK, adding value to an individual’s finances?
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In Britain, the most tax-efficient investment vehicles are pensions and ISAs. Taxable income can be lowered if an employee makes contributions to a pension scheme, and several occupational pensions include employer matching. ISAs allow one to invest funds that have already been taxed, such that the income received as interest or increase in the value of the investment is not taxed. Using these structures can save a lot of taxes and provide a greater opportunity to accumulate wealth.
I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good recommendation on great performing stocks or Crypto will be appreciated.