Page 31 Advertisements Column 2

Press, 12 July 1984, Page 31

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n\| ’WEBOFFSET LJIN ’OFFSET ’LETTERPRESS D.N.ADAMS ltd PR NTERS 11 Txttsrsak Lane (Next National Bank) Box 835 Christchurch. Phone 60-210, 66-177 for a represartativa to cdt

MARAC ” TAX EXEMPT LIFE BONDS FOR INVESTMENTS BETWEEN $5,000 AND $250,000 YOU COULD EARN THE EQUIVALENT OF / SSSSSi SSE / IsssSi sEE / ® PA. ~ INVESf"fORONEYB\RONLY If you’re paying income tax* in the higher bracket, YOUR. YIELD IN TRUE TERMS here’s a first class investment plan which offers an However attractive the quoted interest rate of other equivalent return up to 19.1% p.a. Marac Life forms of investment, taxation may drastically Assurance Limited can offer this because it reduce the true dollar yield. Marac Life Bonds are pays the tax for you. The 6.5% p.a. interest unique. you receive is tax free in your hands. (Note: in calculating the 19.1% p.a. equivalent Taxable Income p.a. 538,000+ $30,000- $24,000-] return Marac does not take into consideration the $38,000 $30,000 general tax exemption available on life assurance premiums). true yield afihrtax: What at first glance looks like a modest return of Marac Life Bonds 6.5% p.a. 6.5% p.a. 6.5% p.a. 6.5% p.a. becomes very attractive when compared with the equivalent TAXABLE return. 3.91% 5.05% 6.31% Taxable income p.a. $38,000+ $30;000- $24,000- Taxed investment XW @10.5% p.a. 3.57% 4.61% 5.76% Taxrate 660/0 56 ’ 1% 45 - 1% Taxed investment @9% p.a. 3.06% 3.95% 4.94% Equivalent taxable r return p.a. 19.1% 14.8% 11.8% lf y OU wou ld like to discuss these figures in detail, $5,000 MINIMI TM please contact your Solicitor, Sharebroker or The minimum investment is $5,000 and you are Accountant. Further details are also available at free to invest up to $250,000 in any one year. Marac’s Life Bond Division, Marac Life Assurance Marac Life Bonds represent a secure investment, Ltd, Private Bag, Wellesley Street, Auckland, with an excellent tax free return and built-in Ph: 792-660 collect. insurance protection. I TPIP CCIXTITL? Note that your tax exemption on premiums on your , r existing life policies remain unaffected. If you die within the 12 months tenure of the Life Bond, your capital plus the full year’s earnings For further details simply fill in the coupon, and we will send you become immediately payable. No medical ex- free literature and application form. No one will contact you amination or doctor’s letter is required, and there is unless you request it. no age limit. ♦All references to taxation are subject to current tax legislation. H To Marac Life Assurance Limited, Freepost 440,107 Albert Street, Auckland, L | or telephone Marac Hotline 792-660 Collect. I I MARAC LIFE BONDS I P NAME El I would like to be contacted about the Marac ? I Life Bond. My phone number is (Day/ jfe ADDRESS.-. Evening) | ! OCCUPATION MAMC LIFE ASSURANCE LIMITED ’ | Marac House, 107 Albert Street, Auckland. | . Please send me details of Marac Privatc Ba& WcDcslcy Strcct ' I ® Tax-Exempt Life Bonds. .JSSSfik ! 4 MARAC CPI2/7 CBlB4 |