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Savings tax estimator
Estimate tax on interest after the starting rate and Personal Savings Allowance.
Illustrative result
£0.00 tax on the interest
2026 to 2027
- Savings tax
- £0.00
- Starting rate used
- £200.00
- Personal Savings Allowance used
- £0.00
Assumptions
- The example is the GOV.UK case of £16,000 of wages and £200 of interest. The starting rate covers that interest.
- Savings interest and dividends use the UK-wide bands, including for Scottish taxpayers.
- The Personal Allowance is used against non-savings income first, then savings, then dividends.
- The starting rate for savings and the Personal Savings Allowance are nil-rate amounts. They are not extra income.
- Tax year 2026 to 2027. Dividend allowance £500.
Questions
Do ISAs belong here?
No. ISA interest is left out.
Use this in your own plan
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Related calculators
Estimates only. Tax and repayment rules can change, and this is not financial, tax or pension advice.
Tax on the interest£0.00See breakdown