Number crunching premium bonds | Brief letters
The article discusses several topics, including the suggestion to increase the limit on premium bonds, the tax implications of moving money from taxed deposit accounts to untaxed premium bonds, and a letter about a canal-boating break. The main points are: 1. Increasing the limit on premium bonds may not be financially sound, as the government would lose tax revenue from the cancelled deposit accounts, potentially making the effective cost higher than the interest paid on short-term gilts. 2. A couple, Ian and Christine Grieve, mention taking a break from their canal-boating activities due to some "tumours" they have called "Donald and JD," which they hope to have successfully removed by the new year. The article covers a range of topics in a concise and unbiased manner, focusing on the key facts and details relevant to the discussion.
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