"It used to offer fixed-rate bonds (taxable) and Isa fixed-rate bonds (tax-free) at roughly comparable gross rates of interest.
Any earnings from letting the property while you are not there are also taxable.
To be eligible for the £1,000 allowance, an individual's taxable income needs to be less than £42,700 a year.
In response to complaints that Mr Rudd's tax was retrospective, Ms Gillard's MRRT lets companies deduct the value of past investment from their taxable profits over time.
But the commission thinks that the proposal would still capture around 85% of all inter-dealer transactions in Europe, raising an estimated €55 billion ($75 billion) for EU and national coffers.The big flaw in the plan is that taxable transactions are likely to migrate outside the EU.
Much of the complexity in tax preparation has to do with determining one's taxable income; the Graetz plan wouldn't change that for many Americans.
For a start, there is no common tax base in a common currency across countries, so there is no coherent pool of taxable profits to allocate by such a formula.
In Jamaica, selling cannabis will remain a crime; in Alaska it will soon be a legitimate, taxable occupation.Decriminalisation may be a useful first step towards a saner approach to drugs.
Interest income is usually taxable, whereas some countries allow mortgage payments to be tax deductible.
He is under house arrest until November, having been released from prison only recently for his role in helping a property developer dodge the taxman.Mr Birkenfeld came forward in 2007 with information on how UBS helped clients hide taxable income.
But taxable income is very responsive to tax changes.
