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Author dam 10p tax rule :(
Matt L
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Registered: 17th Apr 06
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24th Apr 08 at 09:24   View User's Profile U2U Member Reply With Quote
im now £24 worse off each month which if my maths is any good £288 a year Ghey.

heard on the radio something about either him bringing it back in or doing something to do with tax credits anyone know anything? i know it isnt that much of a diff each month but for the year its quite alot more than im willing to lose

tar

[Edited on 24-04-2008 by Matt L]
Timbaland
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Registered: 20th Jan 07
Location: Glasgow
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24th Apr 08 at 09:32   View User's Profile U2U Member Reply With Quote
I dont get it....
deano87
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Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
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24th Apr 08 at 09:33   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Timbaland
I dont get it....

The minimum tax rate was 10p/£1 you earnt, for those earning under £18k or something. Now, that has been abolished, so those on a lower income now get taxed even more.
Robbo
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Registered: 6th Aug 02
Location: London
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24th Apr 08 at 09:34   View User's Profile U2U Member Reply With Quote
Well if it makes you feel any better, I'm several hundred pounds a year better off thanks to low earning people like you
Timbaland
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Registered: 20th Jan 07
Location: Glasgow
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24th Apr 08 at 09:35   View User's Profile U2U Member Reply With Quote
How the fuck? So we are getting taxed more than the people that earn more???


Im fucking off out of this country in the next few years, Iv had enough.
James
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Registered: 1st Jun 02
Location: Surrey
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24th Apr 08 at 09:36   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Robbo
Well if it makes you feel any better, I'm several hundred pounds a year better off thanks to low earning people like you


Ditto.
pow
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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
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24th Apr 08 at 09:37   View Garage View User's Profile U2U Member Reply With Quote
£30 WORSE OFF A MONTH
Liam
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Registered: 19th Jan 06
Location: Stafford
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24th Apr 08 at 09:39   View User's Profile U2U Member Reply With Quote
Wankers.
dannymccann
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Registered: 9th Aug 06
Location: Doddington, Lincolnshire
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24th Apr 08 at 09:40   View User's Profile U2U Member Reply With Quote
Think my g/f on 14k is about £2.38 or something worse off a month....not really much to shout about tbh
pow
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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
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24th Apr 08 at 09:40   View Garage View User's Profile U2U Member Reply With Quote
I am REALLY annoyed about that
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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24th Apr 08 at 09:41   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by James
quote:
Originally posted by Robbo
Well if it makes you feel any better, I'm several hundred pounds a year better off thanks to low earning people like you


Ditto.


Same
Demo
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Registered: 27th Sep 01
Location: south wales Drives: astra sri ecoflex
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24th Apr 08 at 09:44   View User's Profile U2U Member Reply With Quote
how can you work it out?
dannymccann
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Registered: 9th Aug 06
Location: Doddington, Lincolnshire
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24th Apr 08 at 09:45   View User's Profile U2U Member Reply With Quote
http://www.listentotaxman.com/
deano87
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Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
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24th Apr 08 at 09:46   View User's Profile U2U Member Reply With Quote
Well I get taxed at 22% for my 2nd job earnt just over £400 over Easter working quite hard. £110-ish of that goes on Tax
Matt L
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Registered: 17th Apr 06
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24th Apr 08 at 09:47   View User's Profile U2U Member Reply With Quote
lol @ robbo and all the other lucky people (share the wealth?)

i really need another better paid job

acording to that site im only £14 pounds worse off
its deffinatley £24 (going off net pay figure for last month and presviously against this month)

[Edited on 24-04-2008 by Matt L]
dannymccann
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Registered: 9th Aug 06
Location: Doddington, Lincolnshire
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24th Apr 08 at 09:49   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by deano87
Well I get taxed at 22% for my 2nd job earnt just over £400 over Easter working quite hard. £110-ish of that goes on Tax


I earn £290 - £300 a month p/t at Tesco's and usually pay £2 N.I.....am I doing it wrong
Robbo
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Registered: 6th Aug 02
Location: London
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24th Apr 08 at 09:50   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Matt L
lol @ robbo and all the other lucky people (share the wealth?)
Ermmmm no

NI has also changed so you probabl got charged more for NI than in previous years
pow
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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
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24th Apr 08 at 09:50   View Garage View User's Profile U2U Member Reply With Quote
I pay £60 in NI and over a tonne in tax. I'd love to know where it all goes. Dossers, running the MPs jags and expensive expenses?

Cunts, fucking cunts
James
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Registered: 1st Jun 02
Location: Surrey
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24th Apr 08 at 09:51   View User's Profile U2U Member Reply With Quote
I'm £342.50 a year better off
Matt L
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Registered: 17th Apr 06
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24th Apr 08 at 09:51   View User's Profile U2U Member Reply With Quote
grrr i dislike this country that little bit more now
*awaits if you dont like the.... comments *
Dan
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Registered: 22nd Apr 02
Location: Gorleston on Sea, Norfolk
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24th Apr 08 at 09:52   View Garage View User's Profile U2U Member Reply With Quote
IMO, i dont see why someone should get taxed 10%, another 20% and another 40%.

I thought everyone was equal and all that shinter :/

Adult GiftsClick here to vist us
Matt L
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Registered: 17th Apr 06
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24th Apr 08 at 09:53   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Dan
IMO, i dont see why someone should get taxed 10%, another 20% and another 40%.

I thought everyone was equal and all that shinter :/


if they did that tho addmittedly it would be easier/better for certain people but knowing the way our government is they'd charge everyone at 40% so id deffinatly be screwed
Tommy L
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Registered: 21st Aug 06
Location: Northampton Drives: Audi wagon
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24th Apr 08 at 09:54   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by deano87
quote:
Originally posted by Timbaland
I dont get it....

The minimum tax rate was 10p/£1 you earnt, for those earning under £18k or something. Now, that has been abolished, so those on a lower income now get taxed even more.
15K or less, and you WILL be worse off. Earn more than that and you WILL be better off
dannymccann
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Registered: 9th Aug 06
Location: Doddington, Lincolnshire
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24th Apr 08 at 09:54   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Dan
IMO, i dont see why someone should get taxed 10%, another 20% and another 40%.

I thought everyone was equal and all that shinter :/


I also dont see why when you hit £40k (or whetever it is) the govt suddenly cains you for 40% of your earnings I dont understand why you cant have a flat rate of 20% say for every wage, would make the tax system a hell of a lot simpler Then again I do tax next year at uni so might understand it better then
RyanSxi
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Registered: 26th Jul 06
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24th Apr 08 at 09:55   View User's Profile U2U Member Reply With Quote
I earn about 15k and says i will loose....







...£1.30 a year. Im off I hate this county!

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