Tax efficient investment.?

Question

I'm looking for serious and well qualified suggestions about how to invest a lump sum in a highly tax efficient manner. I'm looking beyond ISA's Premium bonds and National savings. I am more interested in safe and legal but creative ways to reduce exposure to tax.

Answer 1

Pour the money into an IRA and trade tax free for life.

Uncle Sam will tax you based on income once you pull money out of the IRA.

The only draw back is that if you are younger than age 59 1/2, a 10% penalty will be assessed on top of the taxes you gotta pay.

Answer 2

bond washing? Buy bonds with no or little accrued interest and sell full of accrued interest.

Zero coupon bonds (if you are trying to avoid income tax rather than CGT).

Woodlands

VCT qualifying investment

Answer 3

When you get the answer let us all know..

Answer 4

If you want to have some fun and good returns why don't you try financial spread betting or CFDs. Just visit http://www.independentinvestor.co.uk and learn about spread betting, cfds and shares, then find a nice and cheap account and make some money.