New Posts For Thread: endowment tax advisehttps://community.betfair.com/tradefair__financials/go/thread/view/94198/27270201/endowment-tax-advisemy endowment was not working out so i moved to a repayment and kept the endowment. if i do not use the endowment to pay off my morgage do i have to pay tax on it ?thankshttps://community.betfair.com/tradefair__financials/go/thread/view/94198/27270201/endowment-tax-advise?post_id=489642377#489642377thanksFri, 18 Mar 2011 13:28:11 -0500i am a higher tax payer but if i let it run i will be ok, is that correct Yeshttps://community.betfair.com/tradefair__financials/go/thread/view/94198/27270201/endowment-tax-advise?post_id=489625533#489625533i am a higher tax payer but if i let it run i will be ok, is that correct YesFri, 18 Mar 2011 10:55:40 -0500i am a higher tax payer but if i let it run i will be ok, is that correcthttps://community.betfair.com/tradefair__financials/go/thread/view/94198/27270201/endowment-tax-advise?post_id=489620185#489620185i am a higher tax payer but if i let it run i will be ok, is that correctFri, 18 Mar 2011 10:13:23 -0500If you don't encash it, but make it 'paid up' and let it run to its expiry date - it will not be subject to tax.If you cash it in you may be liable to tax:Endowments enjoy an excempt tax status, but only if you keep them running for at least three-quhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/27270201/endowment-tax-advise?post_id=489606209#489606209If you don't encash it, but make it 'paid up' and let it run to its expiry date - it will not be subject to tax.If you cash it in you may be liable to tax:Endowments enjoy an excempt tax status, but only if you keep them running for at least three-quFri, 18 Mar 2011 08:15:26 -0500my endowment was not working out so i moved to a repayment and kept the endowment. if i do not use the endowment to pay off my morgage do i have to pay tax on it ?https://community.betfair.com/tradefair__financials/go/thread/view/94198/27270201/endowment-tax-advise?post_id=489587385#489587385my endowment was not working out so i moved to a repayment and kept the endowment. if i do not use the endowment to pay off my morgage do i have to pay tax on it ?Fri, 18 Mar 2011 03:57:24 -0500