How can 1,000 people declaring £100 per week income have Isas worth £500,000?

| February 22, 2012 | 0 Comments


Now here’s a funny thing about savings and tax. About 137,000 people who declare annual incomes of less than £5,000 to HM Revenue & Customs (HMRC) hold individual savings accounts (ISAs) worth between £30,000 and £49,999. Since you ask, another 41,000 people whose income is officially recorded as less than £5,000 have managed to build [...]
Finance

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