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Random Jargon

£100 Rule Saving for Children

If a parent gives their child money (which is saved or invested) and the annual income exceeds £100, it's taxed as the parent's.

Financial Calculators & Tools

Candid Calculator

Use this calculator to estimate how much tax you pay on popular 'vices'.

Vice Tax Calculator
Please enter all figures for weekly consumption Duty VAT Total Tax
Car Fuel Fuel Type Cost/litre £
Miles driven Miles per gallon
Cigarettes number Cost/pack of 20 £
Beer pints Cost/pint £
Cider pints Cost/pint £
Wine bottles (75cl) Cost/bottle £
Champagne bottles (75cl) Cost/bottle £
Spirits measures (25ml)
(30 to a 70cl bottle)
Cost/measure £
Alcopops bottles (275ml) Cost/bottle £

Assumes Beer ABV 4%, Cider ABV 1.2% - 5.5%, Wine ABV 5.5% - 15%, Champagne ABV 8.5% - 15%, Spirits ABV 37.5%, Alcopops ABV 5%.

Calculations are estimates provided for illustrative purposes only. Candid Money Limited accepts no liability whatsoever for their subsequent use.

Go to Calculators Homepage.