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Author following the 10p tax rule thread
Matt L
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Registered: 17th Apr 06
User status: Offline
13th May 08 at 15:07   View User's Profile U2U Member Reply With Quote

http://news.bbc.co.uk/1/hi/uk_politics/7397705.stm

he has incread everyones personal tax allowance by £600 with immediate effect still doesnt quite cover the loss but makes it up a bit
Robbo
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Registered: 6th Aug 02
Location: London
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13th May 08 at 15:11   View User's Profile U2U Member Reply With Quote

Another £120 for me, lovely
Robbo
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Registered: 6th Aug 02
Location: London
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13th May 08 at 15:14   View User's Profile U2U Member Reply With Quote

On the flipside, HR taxpayers pay an extra 18% on the £600 to compensate
Matt L
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Registered: 17th Apr 06
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13th May 08 at 15:15   View User's Profile U2U Member Reply With Quote

dont know how to work out what ill get now
strick206
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Registered: 12th Apr 07
Location: Wigan Drives:Integra DC5
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13th May 08 at 15:19   View User's Profile U2U Member Reply With Quote

Fucking scummy government putting the burden even more on HR tax payers

Robbo
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Registered: 6th Aug 02
Location: London
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13th May 08 at 16:32   View User's Profile U2U Member Reply With Quote

Spent my free £120
Kathryn W
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Registered: 12th Oct 03
Location: Widnes, Cheshire
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13th May 08 at 16:35   View User's Profile U2U Member Reply With Quote

What does it mean?
Robbo
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Registered: 6th Aug 02
Location: London
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13th May 08 at 16:35   View User's Profile U2U Member Reply With Quote

Means everyone gets £120 tax saving
chris_uk
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Registered: 8th Jul 03
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13th May 08 at 17:31   View Garage View User's Profile U2U Member Reply With Quote

you can earn now 600£ more without getting taxed on it basically.

 
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