This is a discussion on some bonds help save tax within the Bonds forums, part of the Investment Options category; there are few government based bonds which help save tax, do you invest a part of in in those ? i ...
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You still have to pay tax for the profit you make each year.
It is better to buy shares in a company that reinvests its profits each year (no dividend payout). make sure that the company has a history of a good steady growth rate (above that of bonds). From doing this you avoid having to pay tax on your return each year and only pay tax at the end. This is one way the richest man in the world saves on taxes.
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My companies Business growth products Bean Stalk Growth Software and website development Absolve Online |
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can you suggest me bonds that can offer me tax relief with good returns
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It depends on what country you are in...
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My companies Business growth products Bean Stalk Growth Software and website development Absolve Online |
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exactly... checking website of your country's reserve bank would help.
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