Folks,
If you have a high level of savings (eg 1,000,000) external to your house you will likely invest it in shares, term deposits etc.
Let's say you make 60k in one year on your investments.
Do you pay income tax?
Sorry if this is obvious/irritating.
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- Tax on retirees
Folks, If you have a high level of savings (eg 1,000,000)...
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