# Finance Act 1968, Paragraph 1


Premium Savings Bonds are a Government Security and are eligible for inclusion in draws for cash prizes. These prizes are free from United Kingdom Income Tax, Surtax and Capital Gains Tax.

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Source: https://www.legislation.gov.uk/ukpga/1968/44/schedule/18/paragraph/1 (the official version)
Page: https://openlegislation.uk/finance-act-1968/schedule-18/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.