Save as you earn

 

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Save as you earn

A former government scheme which allowed tax concessions to people making regular savings from their salaries into certain building society, bank and National Savings accounts. Maximum savings per month were £20 and tax free bonuses paid after five and seven years. SAYE was abolished after the November 1994 Budget.



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Marginal propensity to save

Marginal propensity to save

The fraction of a change in income (or perhaps disposable income) that is saved.




 
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