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The UK stock market’s home to countless passive income opportunities, while the Stocks and Shares ISA offers a tax-efficient way to hold them. Pair these two, and you have a winning formula for building long-term wealth.

Day 14:GOBankingRates wants to help you Live Richer. For a month, we’ll be sharing daily tips for how you can do just that, with advice on budgeting, saving, investing, making the most of your career and managing debt — plus money advice for every phase of your life. Check back each day during our31 Days…