User Tag List

Thanks Thanks:  0
Likes Likes:  0
Results 1 to 9 of 9

Thread: Your tax & pay 2008 / 2009

  1. #1
    Regular Member
    Join Date
    Feb 2007
    Location
    North west
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Vehicle InfoStats





    Default Your tax & pay 2008 / 2009

    Based on persons under 65 yrs ...

    New tax rates : No tax paid on income up to £5225 (2007)

    has become : No tax paid on income up to £5435 (2008)

    10 % tax band : Earnings between £5226 - £7455 (2007)

    this band has been abolished in 2008 (unlucky for the low paid !)

    Basic rate 22 % : Income between £7456 - £39825. (2007 / 2008)

    Basic rate 20% : Income between £5435 - £41435. (2008 / 2009)

    Higher rate applies to all earnings above £39,825 (2007 - 2008)

    Higher rate applies to all earnings above £41,435 (2008 - 2009)


    So how the hell do you work out where you stand based on that lot ! Well the easiest way is to use http://listentotaxman.com/

    You just put in your tax code and gross pay for the year. There are tabs to show what you would have taken home last year / this year / next year.

    And its celebration time. Im considered over the pay band for my current job role and have had no pay rise for the last 3 years - however the tax man has kindly changed the tax system into my favour. I should have an extra £7 to spend this year. Thats over 50p a month !

    Oh no wait ! Fuel has gone up, council tax has gone up, f***ing everything has gone up. Aw well, tighten the belt another notch.

  2. #2
    Regular Member Perry's Avatar
    Join Date
    Jun 2005
    Location
    Watford Herts
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Vehicle InfoStats





    Default

    My tax code means I now take home an extra £4 - £5 a week.

  3. #3
    Regular Member mushy2007's Avatar
    Join Date
    Jul 2007
    Location
    Liverpool
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Vehicle InfoStats





    Default

    I'll get an extra £50 a month, not bad!

  4. #4
    Regular Member
    Join Date
    Feb 2007
    Location
    North west
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Vehicle InfoStats





    Default

    Give me £20 for telling you about it. Preferably per month.

  5. #5
    Regular Member
    Join Date
    May 2007
    Location
    Hull
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Vehicle InfoStats





    Default

    Ive given up .. i think we should all become hunter gatherers again and skin rabbits for clothing eat grass and live in teepee's in shopping centre car parks

  6. #6
    Regular Member signum junkie's Avatar
    Join Date
    Mar 2008
    Location
    Edinburgh
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Vehicle InfoStats





    Default

    Another £250 this year! Time for some more mods

  7. #7
    Regular Member MLC's Avatar
    Join Date
    Jul 2005
    Location
    uk
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Vehicle InfoStats





    Default

    What they don't tell you is that national insurance has gone up in the last budget. I now pay over £400/year more than I did before the last budget. They forgot to mention that.

  8. #8
    Regular Member
    Join Date
    Feb 2007
    Location
    North west
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Vehicle InfoStats





    Default

    national insurance is not a tax. Gordon Brown sais so. Its an ... er ... alternative revenue health & pension funding provision. It should not be confused with a tax because it does not meet the basic criteria for taxes.

    which are ... economics students help me out here...

    1. Fair
    2. based on the ability to pay
    3. easy to collect
    4. hard to evade
    5. ..................
    6. ..................

  9. #9
    Regular Member martind511's Avatar
    Join Date
    Jan 2007
    Location
    Swindon
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Vehicle InfoStats

    Vehicle : Audii A3 Sportback

    Trim : S Line Black Edition

    Engine : 2.0 Diesel

    Year : 2011

    Default

    Quote Originally Posted by MLC View Post
    What they don't tell you is that national insurance has gone up in the last budget. I now pay over £400/year more than I did before the last budget. They forgot to mention that.
    I just noticed that, I am in the same boat - my deductions run at just over £1500.00GBP per month - methinks I need to go back into contracting.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. 2008/2009 CD70 Navteq disk
    By nitrusoxide2k1 in forum Electrical & ICE (including SatNav)
    Replies: 2
    Last Post: 15th June 2009, 14:21
  2. 2008/2009 - memories and resolutions.............
    By Mrs D in forum The 'Off Topic' room
    Replies: 8
    Last Post: 31st December 2008, 19:13
  3. Navteq 2008/2009 CD70 UK & Ireland Map Disc
    By leeds vectra in forum Parts for sale
    Replies: 11
    Last Post: 8th July 2008, 23:59

Visitors found this page by searching for:

Nobody landed on this page from a search engine, yet!

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •