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In your reverse calculator, does "tax year 2021" refer to the year ending 5th April 2021 or tax year ending 5th April 2022
Rosy - 12/05/2021 10:42:46tax year 2021 refers to tax year ending 5th April 2022 (2021/2022)
Ray Arman
great
Dritan - 05/05/2021 14:33:55
Can you confirm that the BBL repayment calculator is accurate and applies to all lenders?
Liam - 29/04/2021 17:29:23The interest calculation model used for our calculators is based on Lloyd's Bank's method. Interest charged monthly on the outstanding balance, capital based on the initial loan amount over the total term.
Ray Arman
Why doesnt your tax calculator take into account UK 'Personal allowance' for the 1st £12750? £150k Gross is £95,690 net
David Larner - 20/04/2021 17:12:58Personal allowance is reduced by one pound for every two pounds of gross income over 100,000
Ray Arman
Would be really useful if you could add a print function to the bounceback loan calculator so we could keep the payment plan
Al - 26/03/2021 17:33:04Hi Al, Sorry for the late update but all of our bounce back loan calculators now have a new 'print statement' button.
Ray Arman