- Monevator - https://monevator.com -

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

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 gilts1 [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:

This article can be read by selected Monevator members. Please see our membership plans [2] and consider joining! Already a member? Sign in here [3].