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How savings and investments are taxed

Tax on savings and investments

  • Tips on paying less tax
  • Explained: the difference between tax-free, taxed and taxable income
  • How to get the most from life insurance investments
  • Annual tax limits and deadlines you need to know

What's in this guide

Tax saving tips

Some helpful pointers to help you get more out of your savings and investment income

Types of saving and investment income

What portion of your income is taxed, plus how much you'll pay

Tax-free options

Some investments don’t attract any tax, so be sure to check these out first

Taxed savings and investments

The savings and investments where you will have to pay some form of income tax

Taxable savings and investments

Some savings and investments are paid without tax deducted, but that doesn't mean they're tax-free

Life insurance investments

Life insurance policies aren’t limited to life cover; many are offered as investments too