GolfGTIforum.co.uk
General => General discussion => Topic started by: Misky on 27 May 2011, 10:22
-
I hate paying tax/N.I!!!!
I earned £500 in over time and I have been taxed £435 so I have a wage of £1585 for the month and that is supposed to have my increased salary!
I earned £1200 last month and only earned £55 in overtime pay.
Does that sound like too much tax being paid?
Im a bit sad :sad:
-
the tax man loves money!
(http://soletradertocompany.co.uk/images/taxman.jpg)
-
So you earned about 350+ from 500 overtime, give or take ? Sounds about right to me. When you do OT take about 3rd off the total and that's usually about right as a standard tax payer for tax and NI.
-
So you earned about 350+ from 500 overtime, give or take ? Sounds about right to me. When you do OT take about 3rd off the total and that's usually about right as a standard tax payer for tax and NI.
Yep! :angry:
My bad I have never paid that much tax before :undecided:
-
The taxman likes it when you do overtime. :afro: Your tax code is worked out from how much your annual salary is and previous years etc so tax & NI is taken acordingly over the year, but when you do overtime etc it's all liable to tax and NI. Fact of life I'm afraid. But how ever much you do take about 3rd off as I say and you'll have an approximate idea of how much you should get in your hand.
-
i am dreading august, 2 wages for a month :cry: going to get spanked on one of them
-
Taxman has totally f**ked with me!... taking an extra 250 a month off me due to underpaying on a previous year!.. surly that's their fault!
-
we pay stupid amounts of tax for people likle this:
(http://profile.ak.fbcdn.net/hprofile-ak-snc4/186527_100002384112216_8241502_n.jpg)
-
People who did loads of overtime got the same wage as me after they got heavily taxed.
Not even worth it
-
Taxman has totally f**ked with me!... taking an extra 250 a month off me due to underpaying on a previous year!.. surly that's their fault!
Depends on why they took less the previous year. If you filled in your own tax return then it might be your fault, if not, probably theirs, but even if it is their fault they will just get it back as they are doing now, there is no way they would write anything off. Ever.
-
Everyone hates the tax man.... I have being working loads extra and have being paying £5-600 a month since the start of the year! :angry: :angry: :angry: :angry:
(I am paid by the tax payer.....so people keep saying!)
-
I love overtime but hate paying £450 a week in tax :angry:
-
My total dudections in my pay last month were £6400!!! Thats when you REALLY hate the tax man!
-
My total dudections in my pay last month were £6400!!! Thats when you REALLY hate the tax man!
Dude, they can only take a % so if that's your deductions you must be earning some good coin. :wink:
-
I worked 20 hours overtime one month, a collegue worked 100 hours over some months and cashed them all in same month as me. Our basic is about 1300, with 20 hours I got 1500 with 100 he only got 1750.
WTF kinda sh!t is that!
-
Taxman has totally f**ked with me!... taking an extra 250 a month off me due to underpaying on a previous year!.. surly that's their fault!
Depends on why they took less the previous year. If you filled in your own tax return then it might be your fault, if not, probably theirs, but even if it is their fault they will just get it back as they are doing now, there is no way they would write anything off. Ever.
I'm not self employed so I haven't done anything, its to do with my company car which changed 2 years ago!
-
I worked 20 hours overtime one month, a collegue worked 100 hours over some months and cashed them all in same month as me. Our basic is about 1300, with 20 hours I got 1500 with 100 he only got 1750.
WTF kinda sh!t is that!
Same as me really! I have ignored the fact work still havent paid me for 26 hours overtime this month so that would of been 62 hours. Would of hated to see the tax on that aswel! :/
Pointless!!!
-
just got my p60 taxxxedddd like a b!tch! :cry: :cry:
-
You think thats bad one of our sales people left recently, he posted his last pay check on FB just showing how much tax he paid on his annual bonus. £9000 in tax ! :sick:
Does tempt me to go into sales lol
-
im not too clued up on tax, etc, when i lived at home, and didnt have many bills, id work around the clock, didnt care much about tax and what ever was left over i spent on my cars
now i live with the gf in a flat with 2 kids, i work full time, gf works as a part time carer and stung on tax so bad its unbeleiveable, and the way im understanding it at the moment, whatever OT i do anyway, we have to pay all that back, we get nothing from my OT
so i work only 45 hrs a week, 9 hours a day, on minimum wage, no OT, no 2nd job, no other income, oh and at the moment im on paternity leave for 2 weeks, thats only £128 per week!
its sickening!
-
Look at the posatives:
A) you have a job
B) you can do over time to earn extra cash.
Last month I did 4.5 hours 'over time' but its not in my contract for me to do overtime so I wouldn't get paid so was going to work less the next week so that I only did my 160hrs a month, then I got in on monday and realised it was a nex flex month so ide done 4 and a bit hours for free that I couldn't take off that month.
Hopefully that should change soon with a new contract and higher pay rise though :D :)
-
oh and at the moment im on patenerity leave for 2 weeks, thats only £128 per week!
congratulations on the new born :afro: I couldn't afford to take the paternity pay so had to take a weeks annual leave and my boss let me work from home for a week so I could still help out a bit around the house while the missus recovered.
It is horrible, but it's all proportional to your wage/tax code.
My total dudections in my pay last month were £6400!!! Thats when you REALLY hate the tax man!
Dunno what you're moaning about, you must be minted if that's what your deductions are, unless there are other circumstances you've not mentioned?
That's almost 3 times my take home at the end of the month!
-
thanks, im with you that we couldnt really afford for me to have the 2 weeks off either, but at the end of the day, thats my family and they need me, need less to say that it was an emergency c section, and i mean, emergency, so i have to be here for them, although its left us broke
the gf and i pick up a month between us £1800, our bills a month are £1700, the hospital this month has stung us about £30 a week in parking, do the maths :cry:
c'mon mr tax man, give us all a break!
-
Hope she recovers quickly mate, C sections are the worst as she can't do much with a big slice in her belly.
I hated the parking charges when my wife was in for a week, it's nuts!
A friend had to pay the parking charges for over 2 weeks when his missus gave birth :sick:
-
I dont get overtime pay. If I work any extra hours, I get the time in lieu instead of money :sad:
-
tax is a way of life unfortunately, nothing you can do about it
I didn't take paternity leave either, couldn't live on £128 a week so took 2 weeks holiday instead. Doesn't encourage dad's to spend time with their kids really :angry:
-
My total dudections in my pay last month were £6400!!! Thats when you REALLY hate the tax man!
yeh but to pay that in tax you must have16k a month left to play with! what your doing with a golf?! :grin:
Theres me complaining i cant afford some decent alloys and coilovers!!! :undecided:
-
lol, £16k a month would be nice, but i can see the point of anger in having to give some greasey friendless little worm who still lives at home with his mom your money, youve earnt it!
me however, luckily my family dont go without, however i still need to buy myself a new pair of work boots (employers dont have to contribute anymore) new trainers, and my car still needs new brakes, a rear wheel bearing and abs sensor... oh and weve never been on holiday!
they dont seem to think of general family living do they?
-
like it or not, earnings based taxes are the most fair taxes around. (the higher rate of taxation has changed this slightly)
fact of the matter is I pay the same amount of duty & VAT on goods and items as a man who could be earning 20 million a year....That is not fair.....
On a tangent slightly; there were members of the public audience on BBC QuestionTime last night condoning a rise in alcohol prices to cut down on drink related issues!! Dimlows
-
fact of the matter is I pay the same amount of duty & VAT on goods and items as a man who could be earning 20 million a year....That is not fair.....
Are you seriously suggesting that the more you earn the more you should pay in duty and VAT? :shocked: Surely the guy earning 20mill is already paying a fair amount in tax on his income. :wink:
-
paying tax i accept is a no brainer, however the amount just wrong, we pay tax on everything we pay and to an extent everything we sell, we pay tax as soon as weve earnt it, yet i have mates like we all do that refuse to work as theyre better off on the dole, as they get everything paid for them, my mate picks up £200 every 2 weeks and pays for nothing, thats £400 a month in his pocket for nothing, yet i only have £100 a month as extra cash and ive always worked and never signed on, and i have 2 children to provide for, how is that fair?
-
paying tax i accept is a no brainer, however the amount just wrong, we pay tax on everything we pay and to an extent everything we sell, we pay tax as soon as weve earnt it, yet i have mates like we all do that refuse to work as theyre better off on the dole, as they get everything paid for them, my mate picks up £200 every 2 weeks and pays for nothing, thats £400 a month in his pocket for nothing, yet i only have £100 a month as extra cash and ive always worked and never signed on, and i have 2 children to provide for, how is that fair?
It's not, but it makes you a better person if that helps?
I live in an ex council flat with my wife and I have to watch those around me get brand new fitted kitchens for nothing when I had to pay for mine. It sucks but in the end I'll be able to to work my up and have a bteer property and a better life. In 20 years they'll still be living off the state and having a pretty rubbish life.
Nick
-
Simple answer to that mate is, it's not. Nobody should ever be better off being a lazy tw@t and not wanting to work.
-
fact of the matter is I pay the same amount of duty & VAT on goods and items as a man who could be earning 20 million a year....That is not fair.....
Are you seriously suggesting that the more you earn the more you should pay in duty and VAT? :shocked: Surely the guy earning 20mill is already paying a fair amount in tax on his income. :wink:
Nope. I'm suggesting duty and VAT are scrapped!! :laugh:
-
alternatively, on a bigger scale, we could stop paying such high tax on working, alcohol, fuel, cigerettes (i dont smoke) food, etc, and in turn stop giving so much money away to other countries, who refuse to even help us!
lets but our economy first
but saying that, if other eu countries suffer, we suffer as theyre having all our businesses, such a knock on effect that at the end of the day, which ever way we look at it, will always affect us working tax payers...
maybe signing on job seekers (when they dont actually seek a job!) and claiming disability for having the attention span of a newt may help me?
i heard on tv a while back that apparently, the amount of money paid into the nhs to cater for smokers and smoke related illnesses is more than what the government gets back in tax of cigerettes? anyone shine any light on this?
-
Nope. I'm suggesting duty and VAT are scrapped!! :laugh:
....then you'd have to pay even more tax on your earnings to make up the short fall. Good call ! :laugh:
-
oh and at the moment im on patenerity leave for 2 weeks, thats only £128 per week!
congratulations on the new born :afro: I couldn't afford to take the paternity pay so had to take a weeks annual leave and my boss let me work from home for a week so I could still help out a bit around the house while the missus recovered.
It is horrible, but it's all proportional to your wage/tax code.
My total dudections in my pay last month were £6400!!! Thats when you REALLY hate the tax man!
Dunno what you're moaning about, you must be minted if that's what your deductions are, unless there are other circumstances you've not mentioned?
That's almost 3 times my take home at the end of the month!
Wish I was minted, 4 years back pay equals 4 years tax, N.I, Pension etc... etc... etc... but still ended up bringing home £7k :grin: If only every month was the same. oh, and deductions even!
-
Nope. I'm suggesting duty and VAT are scrapped!! :laugh:
....then you'd have to pay even more tax on your earnings to make up the short fall. Good call ! :laugh:
exacly!!!!!!!!
-
Cash cash cash cash cash all the way home :smug:
-
(http://www.tacomaworld.com/gallery/data/500/holy-thread-revival-batman.jpg) :lipsrsealed: :rolleyes:
-
I'm working full time only earning £175 a week as on a 3 month probation period, I'm on emergency tax due to last job fecking me over so still getting taxed, by the time I've paid bills each week it doesn't even warrant me working as I have nothing to show for it, these past 2 weeks I've had to live on £15 a week including fuel to work and fags and food, but keep trying and you'll rise above it one day and all your hard work will be paid off when you can look down on the people who don't want to work and think I've earnt this
-
I'm working full time only earning £175 a week as on a 3 month probation period, I'm on emergency tax due to last job fecking me over so still getting taxed, by the time I've paid bills each week it doesn't even warrant me working as I have nothing to show for it, these past 2 weeks I've had to live on £15 a week including fuel to work and fags and food, but keep trying and you'll rise above it one day and all your hard work will be paid off when you can look down on the people who don't want to work and think I've earnt this
If you're paying £160 tax and ni from a gross pay of £175, that would suggest you've f**ked hrmc over at some point. But worry not my friend, at this rate of pay you wont even break in to the taxable earning barriers, thus you should receive one big f**k of tax rebate, sometime toward spring next year.
:smiley:
-
I'm working full time only earning £175 a week as on a 3 month probation period, I'm on emergency tax due to last job fecking me over so still getting taxed, by the time I've paid bills each week it doesn't even warrant me working as I have nothing to show for it, these past 2 weeks I've had to live on £15 a week including fuel to work and fags and food, but keep trying and you'll rise above it one day and all your hard work will be paid off when you can look down on the people who don't want to work and think I've earnt this
If you're paying £160 tax and ni from a gross pay of £175, that would suggest you've f**ked hrmc over at some point. But worry not my friend, at this rate of pay you wont even break in to the taxable earning barriers, thus you should receive one big f**k of tax rebate, sometime toward spring next year.
:smiley:
I haven't even earnt enough this tax year to be taxed but previous work messed me about from the start, I'm only 20, so from last year I was on emergency tax when I was at college doing cash in hand work on weekends to get me by, but haven't applied for a tax rebate as I'm just going to wait as it's not a large sum owed, just sit and wait
-
As long as you can cope dude. If things get really tight and you can't eat, pm me I'll wire you a score. :kiss:
-
As long as you can cope dude. If things get really tight and you can't eat, pm me I'll wire you a score. :kiss:
Ah Bless :grin:
Thom
-
As long as you can cope dude. If things get really tight and you can't eat, pm me I'll wire you a score. :kiss:
I'm getting by, just, taking the girlfriend to blackpool (yay :huh:) next weekend for a break.
just get so tempted to have a spirited drive to work in the mornings
-
I'm working full time only earning £175 a week as on a 3 month probation period, I'm on emergency tax due to last job fecking me over so still getting taxed, by the time I've paid bills each week it doesn't even warrant me working as I have nothing to show for it, these past 2 weeks I've had to live on £15 a week including fuel to work and fags and food, but keep trying and you'll rise above it one day and all your hard work will be paid off when you can look down on the people who don't want to work and think I've earnt this
If you're paying £160 tax and ni from a gross pay of £175, that would suggest you've f**ked hrmc over at some point. But worry not my friend, at this rate of pay you wont even break in to the taxable earning barriers, thus you should receive one big f**k of tax rebate, sometime toward spring next year.
:smiley:
I haven't even earnt enough this tax year to be taxed but previous work messed me about from the start, I'm only 20, so from last year I was on emergency tax when I was at college doing cash in hand work on weekends to get me by, but haven't applied for a tax rebate as I'm just going to wait as it's not a large sum owed, just sit and wait
He didn't say he was paying £160 tax/ni, he said bills. :huh:
-
If you don't like it then move abroad. bye!
Wankstain :smug:
@ Jimble - Yeah I misread the OP, apologies for being a wankstain! :kiss:
-
I paid £320 tax and stupid amount national insurance this week.
What I pay in tax a week is more than my Mrs earns before tax.
Makes me sick :sick:
Pisses me off that I pay national insurance on how much I earn and not by the hours I work.
How does that work?
-
No body likes the tax man
-
No body likes the tax man
This.
-
I reckon i can pretty much up/trump/slay everyones hate of the tax man.
My hate borders psychotic for the sh!t they put me through over the last year. All because of jealous pricks hating an trying to stitch me up!
-
I reckon i can pretty much up/trump/slay everyones hate of the tax man.
My hate borders psychotic for the sh!t they put me through over the last year. All because of jealous pricks hating an trying to stitch me up!
care to elaborate?