Arriba
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« Reply #30 on: Wednesday, March 21, 2012, 14:28:52 » |
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All the main parties feather their own nest, you must know that by now?
A £40,000 tax cut for the highest earners announced today. All in it together |
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jimmy_onions
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« Reply #31 on: Wednesday, March 21, 2012, 14:34:49 » |
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the biggest problem with the 50p tax rate is the top earners avoiding paying it by putting large propertions of their salaries in pensions...not sure what reducing the rate to 45p will achieve...its closing avoidance loopholes which are required...
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Ardiles
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Stirlingshire Reds
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« Reply #32 on: Wednesday, March 21, 2012, 14:58:26 » |
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There remain some very odd anomalies in the tax code. For example, anyone earning between £100k and £116k is still effectively taxed at 60% (because this is the band over which the tax free allowance is gradually withdrawn)...and that's even before NI etc. Hardly worth earning at all when tax is deducted at that level.
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Samdy Gray
Dirty sneaky traitor weasel
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« Reply #33 on: Wednesday, March 21, 2012, 14:59:53 » |
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But if you do earn £116k, you put £16k into a pension and effectively get tax relief of 60%.
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Ardiles
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Stirlingshire Reds
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« Reply #34 on: Wednesday, March 21, 2012, 15:01:31 » |
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Absolutely. And most do, I would think.
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Ironside
Wir müssen die Liberalen ausrotten
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« Reply #35 on: Wednesday, March 21, 2012, 17:59:28 » |
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I'm a good old fashioned leftie but Labour are completely unelectable
Thank fuck for that. On the Child benefit note, why the fuck should a family earning over £50k pa receive any benefits whatsoever? Beyond me.... |
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Genius, Gentleman Explorer, French Cabaret Chantoose and Small Bets Placed and someone who knows who they are changed my signature but its only know that I can be arsed to change it....and I mean all the spelling mistakes.
Was it me? It can't have been an interesting enough event for me to remember - fB.
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Batch
Not a Batch
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« Reply #36 on: Wednesday, March 21, 2012, 18:13:07 » |
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Aha, so the 40% bracket threshold has come down..
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dave_bambers_right_sock
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« Reply #37 on: Wednesday, March 21, 2012, 19:19:59 » |
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this says it all really
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tans
You spin me right round baby right round
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« Reply #38 on: Wednesday, March 21, 2012, 21:44:17 » |
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Thank fuck for that.
On the Child benefit note, why the fuck should a family earning over £50k pa receive any benefits whatsoever? Beyond me....
I agree actually |
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LucienSanchez
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Is this hospital called St. Croc of Shit?!
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« Reply #39 on: Wednesday, March 21, 2012, 21:51:31 » |
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Me too. I also don't understand people complaining about a benefits cap at £24k. I know hundreds of people that would love to have £24k after tax every year for actually working...
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We made a promise we swore we'd always remember... no retreat, baby, no surrender
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Samdy Gray
Dirty sneaky traitor weasel
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« Reply #40 on: Wednesday, March 21, 2012, 22:29:40 » |
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Aha, so the 40% bracket threshold has come down..
No net effect on taxpayers though due to the increase in personal allowance. |
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Ironside
Wir müssen die Liberalen ausrotten
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« Reply #41 on: Wednesday, March 21, 2012, 22:30:57 » |
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Me too. I also don't understand people complaining about a benefits cap at £24k. I know hundreds of people that would love to have £24k after tax every year for actually working...
Work = £24k pa ? Well done, you support yourself and you pay taX. I cant be arsed to do the maths for the opposite. Anyway, I is BNP innit... |
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Genius, Gentleman Explorer, French Cabaret Chantoose and Small Bets Placed and someone who knows who they are changed my signature but its only know that I can be arsed to change it....and I mean all the spelling mistakes.
Was it me? It can't have been an interesting enough event for me to remember - fB.
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@MacPhlea
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« Reply #42 on: Thursday, March 22, 2012, 06:52:24 » |
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If you can't afford to have children without child benefit then you shouldn't have them. That way only rich people would have children and within a couple of generations all poor people would be extinct and child poverty would be a thing of the past...
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LucienSanchez
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Is this hospital called St. Croc of Shit?!
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« Reply #43 on: Thursday, March 22, 2012, 09:02:55 » |
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Work = £24k pa ? Well done, you support yourself and you pay taX.
I cant be arsed to do the maths for the opposite.
Anyway, I is BNP innit...
My point was £24k in benefits should be ample, as virtually none of my mates earn that much after tax yet pay bills, mortgages, bring up kids etc. |
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We made a promise we swore we'd always remember... no retreat, baby, no surrender
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Reg Smeeton
Walking Encyclopaedia
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« Reply #44 on: Tuesday, March 27, 2012, 16:49:59 » |
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A £40,000 tax cut for the highest earners announced today. All in it together
Don't suppose this had anything to do with some ofthose earners shelling out 250K for a private dinner with Cameron  |
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