What does tax-exempt special savings account mean?
Definitions for tax-exempt special savings account
tax-ex·empt spe·cial sav·ings ac·count
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Wikipedia
Tax-exempt special savings account
In the UK, the tax-exempt special savings account (TESSA) was one of a number of tax-free savings accounts. The TESSA was announced by John Major in his only budget as Chancellor of the Exchequer in 1990 (the "budget for savings") and at first had a five-year lifespan. The TESSA was intended to be a low-risk complement to the personal equity plan (PEP) which would be attractive to a wider range of savers. The accounts were replaced by Individual Savings Accounts in 1999.
Numerology
Chaldean Numerology
The numerical value of tax-exempt special savings account in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of tax-exempt special savings account in Pythagorean Numerology is: 1
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"tax-exempt special savings account." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/tax-exempt+special+savings+account>.
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