Savings Calculator

Take advantage of the Government's Green Transport Policy to purchase a new bike and accessories for commuting to and from work at huge savings!

Simply enter your salary, the cost of your bike, helmet and accessories and we'll work out your savings and the approximate monthly deductions from your salary.

(1) This is the amount your salary will be reduced by per month based on a 12 month period

(2) This is the difference in your take home pay after the savings have been applied based on a 12 month period

This calculator is based on Income Tax and NI information for the 2009-2010 financial year. National insurance is calculated at 0% on earnings between £0 and £4,940 p.a., 11% on earnings between £4,940 and £43,888 p.a. and 1% thereafter. Income tax is calculated at 0% on earnings between £0 and £6,475 p.a., 20% on earnings between £6,475 and £37,400 and 40% thereafter. This calculator is intended to be used for illustration purposes only.