Savings Interest and tax

This calculator is used to calculate simple interest only. This calculates the tax reduction, the net interest and the paying out when the amount of the investment, the interest rate and the period of time are given.

How to Use
Firstly, type the investment amount and the interest rate per annum into the corresponding fields. The present period of time (12 months) and the rate of the tax on interest earned (25 %) may be changed. Click on any free space of the window or the “calculate” button and the calculation will be performed. You can use the “reset” button to reset the process.

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There is no warranty from Units Calculator for the conversion. Please check your data and result before use, for Units Calculator is not responsible for damage of any kind caused by wrong results produced.