TESSAs (Tax Exempt Special Savings Accounts)

TESSAs (Tax Exempt Special Savings Accounts),

How To Define TESSAs (Tax Exempt Special Savings Accounts)?

A simple definition of TESSAs (Tax Exempt Special Savings Accounts) is: A bank account or mortgage company offering interest, profits and tax-free bonuses as long as the account lasts for a fixed period of five years. The TSA was replaced by the Individual Savings Account (ISA) in 1999 to save on tax savings in the medium and long term.

Literal Meanings of TESSAs (Tax Exempt Special Savings Accounts)


Meanings of TESSAs:
  1. A special tax-free savings account (in the UK) that allows savers to invest a certain amount in a bank or mortgage company without paying any interest, as long as the principal has this account for five years. I will remain (replaced by ISA in 1999)).

Sentences of TESSAs
  1. Tax-exempt investments, such as Tessas and individual savings accounts, do not need to be reported to the tax authorities or registered in any way.


Meanings of Tax:
  1. Mandatory contribution to government revenue that the government collects for workers' income and company profits or increases the cost of certain goods, services and transactions.

  2. Strict restrictions or demands.

  3. Collecting tax on (someone else or something)

  4. Create requirements (someone's strength or resources)

  5. Face guilt or guilt.

  6. Investigation and evaluation (case cost)

Sentences of Tax
  1. Higher taxes reduce consumer spending

  2. Heavy tax on reader's attention

  3. Hardware and software are subject to 7.5% tax

  4. He knew that the next test would force all his strength

  5. Why are you accusing me of this meaningless accusation?

  6. Agents who charge tax rates

Synonyms of Tax

levy, tariff, duty, toll, excise, impost, contribution, assessment, tribute, tithe, charge, fee, burden, load, weight, encumbrance, demand, strain, pressure, stress, drain, imposition, levy a tax on, impose a toll on, charge duty on, exact a tax on, demand a tax on, stretch, put a strain on


Meanings of Exempt:
  1. Free from any liability or responsibility for the third party.

  2. Free yourself (an individual or organization) from the responsibilities or obligations imposed on others.

  3. A person who is exempt from everything, including paying taxes.

Sentences of Exempt
  1. These patients are exempt from all fees

  2. They are exempt from paying taxes

  3. Therefore, the duties of journalists are not excluded from being excluded.

Synonyms of Exempt

free from, not liable to, not subject to


Meanings of Special:
  1. Better, bigger or different than normal.

  2. Designed or organized for a specific event or purpose, such as an event, product or show.

Sentences of Special
  1. They always work hard at Christmas

  2. Election night special

Synonyms of Special

exceptional, particular, extra special, unusual, marked, singular, uncommon, notable, noteworthy, remarkable, outstanding, unique


Meanings of Savings:
  1. Save or reduce money, time or other resources.

  2. The money we save is mainly through banks or government systems.

  3. Backup is an exception.

  4. Avoid wasting some resources.

  5. Exceptions Exceptions.

  6. With great literature.

Sentences of Savings
  1. This results in significant savings in development costs

  2. The agent cheated him out of his savings

  3. This restriction applies to Spec Specific Savings for Chemist and Dental Protection.

Synonyms of Savings

economizing, economy, frugality, thrift, thriftiness, retrenchment, cutting back, belt-tightening, penny-pinching, nest egg, money put by for a rainy day, life savings, except for, with the exception of, excepting, if there are no, if there is no, bar, discounting, short of, apart from, but for, other than


Meanings of Accounts:
  1. Records or statements of financial income and expenses that relate to a particular period or purpose.

  2. An agreement that gives users access to a computer, website or application by personally entering a username and password.

  3. Look or look in a certain way.

  4. Create or submit an account for money sent or received.

Sentences of Accounts
  1. The bartender created his account

  2. For proper accounting, the administrator does not have to confuse sincere assets with other assets.

Synonyms of Accounts

description, report, version, story, narration, narrative, statement, news, explanation, exposition, interpretation, communiqué, recital, rendition, sketch, delineation, portrayal, tale, financial record, book, ledger, journal, balance sheet