Absolutely rinsed in this budget - almost £1k a year worse off.

Salary sacrifice is tax avoidance that benefits only the well-off. This new measure partially closes that loophole.

So you aren’t using private school at the moment? In which case you haven’t been hit by the VAT on school fees, have you?

You’re comfortable. Many are not for reasons beyond their control. How do you think tax shoukd work in a civilised society?

We pay a lot into pensions because it’s a responsible thing to do for higher earners, we’d be labelled idiots if we didn’t. (And DH is public sector so has no choice really)

Of course you have a choice. And you are fortunate to be in a situation where you can pay a lot into pensions. Many people can't.

Our take home is c.£7k
Nursery fees £2k
Mortgage £2.5k
Commute x 2 £500
Food / petrol / misc £600
Council tax, bills £500
clothes, activities for family of 4 per month: £200
Leaves £700pcm for ALL savings, so holidays, Xmas, birthdays, emergency fund

Where are your costs for the private school that you mentioned?

I understand that it sucks to feel worse off after a budget. It's not great for your income to be eroded. But to be honest, it's pretty hard to feel aggrieved that a high earner (and you are a high earner, not a middle earner) is going to be less than £100 a month worse off, when children are living in poverty. We've gone wrong somewhere as a society when people only think of themselves.

You have options - pay less into your pension, don't use private school etc, move to a cheaper area (we did because house prices were crazy were we were living, and we wanted a better work/life balance).

A child born into poverty needs that £84 more than you do. They don't have options. It's shocking that in a so-called civilised society, 30% of children live in poverty.

They were the things that went along with the income bracket before all the goalposts were changed. In the same way that you would have picked your accommodation based on all associated charges, the OP chose her house and her children’s school based on all of the available financial information at the time. Her basic costs have gone up alongside your own as well as a whacking great extra cost this communist government has added to her outgoings and yet you can’t see how that might put her into a bit of a tail spin?

I wasn't having a go. It was a comment. Yes, very high profile acute services are receiving money. Sadly, the unfashionable services aren't :(

I certainly didn’t misread.

Private school and a huge house aren't necessities Food , clothing and heating are
This thread has been a real eye opener for me about how lacking in compassion many people are. I have always believed that those who have more should contribute more and that we should protect the most vulnerable. I foolishly thought most people would accept they should contribute more to help people who have less than they do.
I realise now how wrong I was .Most people just want to help themselves.

You misread.. It's £1.4K

You’re bringing in £14k a month?!

Where’s the tiny violin meme you are all so keen on. Let’s get it out for your post.

£1400 is my take home salary for the month as a single parent to 2 DC.
I can understand being miffed at having less DISPOSABLE income, but to say you are rinsed is comical.

You don’t think that the OP’s expenses went up alongside your own? Plus VAT on private schools. Plus the extra tax on expensive homes and the myriad of other surcharges this government is adding. You think that these mythical higher earners have no outgoings and so heaping in some more pain should be palatable?

Sounds like you are living beyond your means tbh. And probably haven't considered that your post would be very galling to read for one of the many people in the UK right now who are struggling to feed their families and heat their houses. To them, private school, a large house and shovelling lots into pensions are only a dream. You'll be happier if you realise how good you have it, and either suck it up with the squeezed lifestyle to preserve those expensive choices you made, or decide to cut back on something like pension investment a little, for instance, to ease the day-to-day. Hopefully you realise these are privileged problems to have.

Wow 140k a year private schools must be hard to lose £100 a month between me and my partner we make probable just over half of what one of you guys make if we made 70k between us we would feel like millionaires

Over on the other thread there’s a couple of £120k claiming to be middle earners. Now it’s £140k!

“Classic middle earners”. No you’re in the top 3%.

Sounds like the “mahoosive” mortgage could be the issue.

Two on £70k a year is not rich, wealthy or loaded. It just isn’t. I don’t think it’s enough to pay for private education. Not in the London or Home Counties.

£70k a year is above average but it’s not wealthy. We really need to be taxing the wealthy people who earn in this country. We need to close the loopholes that allow for the wealthy to funnel their earning through offshore vehicles to reduce their tax to eff all. The big corporations who are listed in Luxembourg or Cayman Islands.

OP, I don’t have the ridicule of some on here. I get it. And most people want more money, on which they would also pay for the things they’d enjoy having.

However, no matter how much I believe in the entitlement to wanting to better your life and enjoy your money, I also believe in wise choices. £2.5k mortgage on a £140k pre-tax I income is a silly choice – you did that because you wanted the big house. Not because you could afford it. A £140k income also in no way was ever going support the big mortgage and private school – that’s just not reality no matter what this year’s budget.

You’ve not been fleeced. You’ve fleeced yourself.

Yes, you can salary sacrifice in NHS. My husband does.

Hmmmm.

OP you have to pay for petrol, a commute and have an electric car? Is this a genuine post.

You don’t have to use a private school, you can reduce your pension contributions a bit which won’t have a massive impact and you won’t get hit by the mansion tax if you’re only paid £30k in stamp duty.

the rumour that bands are being revalued is made up by people on here to continue scaremongering.

The OP has a high paying career, at least one asset, a presumably good pension as she says she is salary sacrificing a chunk in every month, shes got a partner contributing the same to the household and also msy well not be at her peak earnings. The OP is also sending children to private school.

I think its incredibly distasteful to compare her to someone on benefits, and thats before you drill down into the alleged £6k, the most of which I assume is housing benefit if in London.

Massive house. Driving an EV. Kid in private school. Huge pension.

My heart bleeds . . 🙄

Business owners, rental properties, freelance income, employers, ev owners - every aspect of our life has been hammered.

Business owners, rental properties, salaries and freelance income. Ev cars. Every aspect of our life has been hammered.

I said It’s certainly going to some parts of the NHS. Did I mention mental health? We all know it’s horribly underfunded.