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06 Sep 2018
HMRC is warning that taxpayers could face penalties if they fail to declare their income on foreign assets before new 'Requirement to Correct' legislation comes into force.
According to the latest statistics 121,500 first-time buyers have saved a total of £284 million.
Enter the details of your savings and press calculate to see how long it will take you to become a millionaire.
The initial amount held in savings.
The amount to be saved each month.
The expected average return on investment.
The expected level that inflation shall rise by annually.
The total amount desired.
Could you live on the amount you have desired? Find out by ticking the box and completing the additional information below, if it applies to you.
The rate of return you expect to make from your investment.
Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.