Page 26 Advertisements Column 1

Press, 26 July 1984, Page 26

IT’S LIKE MONEY IN THE BANK! < w © t CONVERT TO (iMmvirJilPfi REGISTERED AUTO SISTEMA NEW ZEALAND LIMITED Install a Auto Sistema System in your vehicle now, and reap the rewards instantly.. Plus a no deposit 10% Government Installation loan. CONTACT YOUR LOCAL LICENSED INSTALLER Phone 793-440 nN "WEB OFFSET’OFFSET •LETTERPRESS D.N.ADAMS'LTD PRINTERS Z\ 11 Tanersalls Lane (Next National Banki Bo> 885 Christchurch ' Phone 60-210. 66-177 for a representative io can

MARAC TAX EXEMPT UFE BONDS FOR INVESTMENTS BETWEEN $5,000 AND $250,000 YOU COULD EARN THE EQUIVALENT OF : SSSSSSt SSS / ® PA. ~~ lIWESTFQR ONE YEAR ONLY If you’re paying income tax* in the higher bracket, Y OUR YIELD JN 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. $38,000+ $30,000- $24,000retum Marac does not take into consideration the $38,000 $30,000 general tax exemption available on life assurance : true yield premiums). 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% I Taxable income p.a. $38,000+ $30,000- $“4000- Taxed investment $38,000 SjO.OOO @10.5% p.a. - 3.57% 4.61% 5.76% Tax rate 66% 56.1% 45.1 /o Taxed investment @9% p.a. 3.06% 3.95% 4.94% Equivalent taxable , , ■ i n wmwbpw aewwamir return 19.1% 14.8% 11.8 /o jf y OU WO uld like to discuss these figures in detail, $5 000 MINIMI JM 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. tr Note that your exem P bon on P remiums on y° ur Llrxl LA? V-fcLK. 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 wc will send you become immediately payable. No medical ex- free literature and application form. No one will contact you aSon or doctor’s letter is required, and there is unlessyourequestit. no age limit. *AII references to taxation arc subject to current tax legislation. p "" “ Marac Life Assurance Limited, Freepost 440,107 Albert Street, Auckland, | or telephone Marac Hotline 792-660 Collect. I j MARAC UFE BONDS I 17 mamc n I would like to be contacted about the Marac » Life Bond. My phone number is (Day/ U ■ ADDRESS Evening) § I ” IP A TION MARAC LIFE ASSURANCE LIMITED j UCLUrn 11O1N Marac House, 107 Albert Street, Auckland. I 1 □ ? leaSC SCIld mC dCtallS MaraC PriVatC Bag> WeUtSlcy | I Tax-Exempt Life Bonds. MARAC «« I * 1 < -----