Personal allowance and Ponzi scheme: Difference between pages

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''UK Tax''.  
''Fraud - investment.''
The amount of income that an indvidual can receive each year without having to pay income tax on it.
 
A Ponzi scheme is a type of investment fraud.
 
An illusion of high rates of investment return is created by making payments to early investors out of the proceeds from later investments.
 
This is an unsustainable structure, dependent for its continuation on attracting ever-larger numbers of investors.
 


== See also ==
== See also ==
* [[Annual allowance]]
* [[Fraud]]
* [[Annual exempt amount]]
* [[Misrepresentation]]
* [[Income Tax]]
* [[Pyramid scheme]]


[[Category:Taxation]]
[[Category:The_business_context]]
[[Category:Investment]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Financial_products_and_markets]]

Revision as of 01:18, 29 December 2020

Fraud - investment.

A Ponzi scheme is a type of investment fraud.

An illusion of high rates of investment return is created by making payments to early investors out of the proceeds from later investments.

This is an unsustainable structure, dependent for its continuation on attracting ever-larger numbers of investors.


See also