UKTaxCalculators.co.uk - Your Comments and Suggestions

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November 25th 2024
Tax Week 34
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306 comments and Suggestions viewing 41 - 45

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Can you confirm that the BBL repayment calculator is accurate and applies to all lenders?

Liam - 29/04/2021 17:29:23

The 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 17:12:58

Personal 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 17:33:04

Hi Al, Sorry for the late update but all of our bounce back loan calculators now have a new 'print statement' button.

Ray Arman

Mercedes Sprinter van not on car list. Nothing on the tax calculator for retired people drawing pension who still work

Ross - 12/02/2021 13:18:03

You can use the multiple income tax calculator tool (in the menu) and enter the pension income as NIC exempt income. Then enter other income into the normal categories. I'll look into the current company car list. Thanks!

Ray Arman

Can you add an option for 'pension income' on which there is no NI deducted.

Grae ALLAN - 25/11/2020 20:13:42

You can use the 'NIC exempt' income option to add an income on which no NICs are deducted.

Ray Arman

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