Bank interest calculator

Use this tool to calculate the net interest and related tax deduction on your bank accounts, as required for your tax return.

Bank interest calculator
Enter the net amount of interest received:
  
Results
Gross interest:
Tax deducted:
Net interest:
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This page was last reviewed on 03 April 2006. The information may not reflect changes in legislation made after this date.

This is only a guide to your tax position and should not be relied on in place of professional accounting or tax advice. Any calculated figures are illustrative and are based on the data you provided.


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