Calculating how much money clients can put away tax free with National Savings & Investments should be easier with the launch of a new online tool by the government agency.
The online calculator aims to show how both tax and non-tax payers alike can benefit from products currently available.
More than £90,000 can be tucked away in various products the agency says including:
Besides giving an inkling of the amounts that a person can save with NS&I, the calculator is also intended to educate users on the effects of tax and inflation on the value of savings.
A direct link to the calculator is expected to be up on the NS&I website homepage by Friday this week.IFAonline
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