n Personal Finance Newsletter - Preference shares offer good value : investments




Extracted from text ... Moneyweb's PERSONAL FINANCE November 2006 11 INVESTMENTS Preference shares offer good value Buy these instruments to beat the taxman and earn a better return than that of cash. By JULIUS COBBETT PREFERENCE share shares allow you to nimbly dodge the taxman as well as the Reserve Bank governor. They are popular among investors because of their tax advantages, as well as their link to the prime interest rate. The beauty of preference shares is that the returns received are taxfree. Income is paid in the form of dividends, which attract no tax in the hands of the recipient. By ..


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