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how to calculate net rate interest on ISA
chicago76
Posts: 5 Forumite
How do you calculate the net rate of interest for a basic rate tax payer
on the AERof 5.06% on a ISA account
on the AERof 5.06% on a ISA account
0
Comments
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If you mean the equivalent gross rate on a normal savings account to get 5.06% as a net after 20% tax:
5.06 * 100/80 = 6.325%Conjugating the verb 'to be":
-o I am humble -o You are attention seeking -o She is Nadine Dorries0
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