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APR

Convert a nominal rate of interest (compounded monthly) to an annual percentage rate.

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The nominal rate of interest applied.

Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.

The latest news

25 Feb

Chancellor states IR35 enforcement will not be 'heavy handed'

Chancellor Rishi Sunak has promised that penalties for IR35 breaches will not be 'heavy handed' during the first year of the implementation of off-payroll rules to the private sector.

24 Feb

Government to name and shame minimum wage offenders

The UK government has reintroduced the naming and shaming of employers who fail to pay their employees the National Minimum Wage (NMW) or the National Living Wage (NLW).

21 Feb

Government pledges additional financial support for flooding victims

The government has pledged thousands of pounds in additional financial support for victims of the recent floods.