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This calculator assumes that interest is compounded monthly.
The nominal rate of interest applied.
Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.
06 Oct 2022
The government has abandoned its plan to abolish the top rate of income tax due to the negative reaction it has received.
Chancellor Kwasi Kwarteng used the 2022 Mini Budget to announce a series of tax cuts for businesses and individuals.