TAX CALCULATORS
Savings Calculator
(TARGET IN YEARS)
*
Starting balance (£)
*
Monthly deposit amount (£)
*
Average annual interest (%)
*
Estimated average inflation (%)
*
Number of years to calculate
Final savings amount
Savings value after inflation
Use this form to calculate what your savings will be worth in a set number of years. The Bank of England target for inflation is 2%. Required fields are marked with a (
*
).
SAVINGS CALCULATOR (TARGET AMOUNT)
*
Starting balance (£)
*
Monthly deposit amount (£)
*
Average annual interest (%)
*
Estimated average inflation (%)
*
Target amount to save (£)
Target will be reached in
Savings value after inflation
Use this form to calculate how many years it will take you to save a target amount. The Bank of England target for inflation is 2%. Required fields are marked with a (
*
).
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