Gross / Net Interest & Dividend Calculator


When a bank or building society pays interest on an account, it is usually credited after tax is deducted. When a share dividend is paid, it is subject to a tax credit before you get it.

Our investment calculator will work out how much the actual income was, and how much tax you paid on it.

1. Choose whether the income was from bank / building society
    interest or from share dividends.     



2. Enter the amount of income you actually received.



3. Click here to calculate the results




The gross income is treated as being

From which tax was deducted of


More information on interest and dividends
Whilst every effort has been made to ensure that the articles on MSN Money Tax Advice provide accurate and expert guidance, it is impossible to predict all the circumstances in which this information may be used. Accordingly, neither the publisher, author, MSN or Tax Buddies Limited shall be liable to any person or entity with respect to any loss or damage caused or alleged to be caused by the information contained in or omitted from articles on MSN Money Tax Advice. The law stated is that of England and Wales except where indicated otherwise.