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Savings Calculator

Please note: When using this calculator we assume the rate of interest is fixed or there will be no changes to a variable rate over the specified period of time. The final amount provided is for illustration purposes only your final value may differ from the final amount shown. If you would like further details on any of our products please contact any of our branches.

Please enter an amount between £1 - £1,000,000
Please enter a value between 0 – 100
Please enter an amount between 1 – 50

Your savings balance...

Under the Personal Savings Allowance basic rate tax payers do not have to pay tax on the first £1,000 of savings income and the first £500 for higher rate tax payers. The Personal Savings Allowance does not apply to additional rate tax payers.

You will still have to pay tax to HM Revenue & Customs on interest you have earned over your Personal Savings Allowance.

Interest earned on cash ISAs doesn’t count towards your Personal Savings Allowance, because it’s already tax-free.