Calculator

UK SIP
calculator

Use the calculator to see how much tax you'll save and the value of shares you'll get

You’ll get one free shares for every two you buy. So for every £10 you put in, you’ll get £15 worth of shares. And because the money comes from your pre-tax pay, you’ll save tax too.

Your savings

Where do you pay tax?

England/Wales

Scotland

What is your total annual income?

How much do you want to save each month?

The minimum you can save is £10. The maximum you can save is £150.

Calculate

How much your shares really cost you, after the tax break:

£

The value of your shares at the time they’re bought, including the free shares we give you:

£

As your annual income is below the threshold for paying income tax and National Insurance, you won't save any tax through this plan. You'll still get a free share for every two you buy.

You'll need to keep the shares you buy for three years to keep the shares we give you free. If you sell shares before five years, you'll usually need to repay any tax that you saved when you bought them.

Important information: Shares in SSP will rise and fall in value - if you sell at a lower price than you paid, you'll lose money. We made this calculator to give you an illustration of the benefits you could get, based on the tax and SIP rules in December 2022.

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