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fairfight2011

The joy of Tax

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by fairfight2011 on 1st April 2012 at 23:05 (14908 Views)
Just for the sake of being complete - I just used the income checker tool on the moneysavingexpert website:

Year Month Week
Gross Wage 20,280 1,690 390
Taxable Wage 11,695 975 225
Tax Paid 2,339 195 45
Tax Free Allowance 8,105 675 156
National Insurance 1,523 127 29
Take-home pay 15,938 1,328 307
Student Loan 0 0 0
Pension 480 40 9
Pension HMRC 120 10 2

So I still work a day a week purely for the taxman/Nino contributions....suckage! !

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Comments

  1. BankFodder's Avatar
    Can you give us a link to the money checker tool please?
  2. fairfight2011's Avatar
    Quote Originally Posted by BankFodder
    Can you give us a link to the money checker tool please?
    With pleasure...
    http://www.moneysavingexpert.com/tax-calculator/

  3. 1blonde's Avatar
    Does the tax checker count VAT - Utilities - inheritanceicon tax - car parking - community charges - Car tax - insurance - mortgageicon fees- bank charges -TV - school fees - Petrol and tons of other hidden tax?

    No ....so whats the point?

    Sick of working to pay bills like a hamster on a wheel...like being a slave really with worthless paper they take back off us one way or another.

    The reason this country has a lot of people on benefits is because there is not actually any value in working really is there?
  4. fairfight2011's Avatar
    1blonde - I tend to agree - having been on both sides of the fence, I found it hard to get off benefits and now being in work, impossible to get out of full time employment - even though I am lambasted for being a single parent with a FT job as it means my daughter has to be left alone for about 2 hours after school...(she's nearly 13) You can be sure if I wasn't working someone would have something to say about that too - damned if you do, damned if you don't

Reclaim the Right Ltd. - reg.05783665 in the UK reg. office:- 923 Finchley Road London NW11 7PE
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