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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

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

740 replies

Mushroo · 26/11/2025 13:43

Honestly in despair at this government. On a very high level calc, we are so much worse off!

We both pay a lot into pensions, so the NI change is about £700 a year worse off.

We have an EV car, so based on our 4k a year mileage, it’s about £120 a year. (Although how it will be enforced I have no idea).

Stagnating tax thresholds, probably about £100 a year between us.

Council tax F house (4 bed end terrace, not a mansion, needs renovating). So risk of revaluation after having paid a fortune in stamp duty. We didn’t get first time buyer stamp duty relief because we bought about 2 years too early, and we moved before Covid so no relief there either. So overall we’ve paid about £30k in stamp duty already over our lifetime.

Weve already had the private school hit (which is a separate debate and we’ve accepted that) but wow, we are just being kicked on all sides.

We are classic ‘middle earners’ - earn about £70k each, but have mahoosive mortgage and pay over £2k a month in nursery fees already.

Every measure just seems to have a negative effect on our lifestyle, which is ‘comfortable’ but increasingly squeezed.

OP posts:
Thread gallery
5
Teddleshon1 · 26/11/2025 16:12

The government spends £18k per person so anyone who is paying less than this in taxes per household member/ dependent is not paying their “fair share” based simply on the numbers.

SockFluffInTheBath · 26/11/2025 16:11

If you bring in £140k and pay 2 sets of school fees, lease 2 cars, and have a huge mortgage to live in a nice area commutable to the job you choose then you are not squeezed. You can only spend it once, so make different choices to free some of it up or accept that your current choices leave you with less left over than you would like.

Daisydoodlepoo · 26/11/2025 16:10

It's an interesting thread. 20 years ago I was earning 45k as a single person 30's owning a flat with average mortgage in a lovely area of the Home Counties. I had a very nice lifestyle but would not have considered myself particularly well off. So fast forward to now, a family income of c. 140k even though it sounds substantial, is not enough to cover what so many people in Mumsnet are expecting. Private schools, huge mortgages, expensive holidays are not possible on these salaries and no matter how hard people work, there needs to be a reality check and readjustment of expectations.

chouxchoux · 26/11/2025 16:04

Vinvertebrate · 26/11/2025 15:54

We are a higher-earning household (c. £400k pa) and I am - up to a point - happy to pay tax. My hesitancy is because, despite paying lots of IT and other taxes (e.g. last year's household tax bill was well into 6 figures), our public services are still complete and utter shite. We have to use private GP's to fit around our work, locally the NHS hospital is not fit for purpose, you'll probably find the NHS dentist riding into town on a unicorn that shits diamonds, and (in our case) you'll have to take the LA to a Tribunal to obtain anything like acceptable support or education for our disabled DC, because they are happy to ignore their legal responsibilities. Oh and the whole "go private" mantra is pointless, because there is no private pediatric medicine in the UK outside London.

Where is the plan to reduce spending? Or to cut our trillions of unfunded public sector pension liability? Why are people like us, who pay and contribute and work hard and claim nothing, being rinsed for even more, just to shovel the money at welfare and debt interest, and then insulted for "complaining about tax" when suggesting that our lot is not an entirely happy one?

Even if I was paying tax at 20%, or paying none at all, I would struggle to accept that waiting 6 weeks for 10 minutes with a dismissive locum GP was a reasonable provision of primary care, or that a cancer patient waiting 16 hours in a corridor was anything other than barbaric and unacceptable. As a dual additional rate taxpayer household chucking >£10k into the public purse every month, it's absolutely insane.

This is an excellent post and I hope thought-provoking for those crowing about higher earners not paying their 'fair share'. I am also horrified by the amount of tax I pay in (upper five figures) vs the quality of public services. I am also outside of London and it is really shocking.

I spent a few years living abroad in a country with a 9% tax liability and fantastic quality of life and public services. It is possible. I am expecting to give birth in the spring, at which point I will likely be requesting a transfer through my employer. I do not see good reasons to stay in the UK and continue to pay huge levels of tax here.

Southernecho · 26/11/2025 16:03

Popcorn76 · 26/11/2025 15:12

How can you be feeling squeezed if you each pay £35k a year into pensions?

I knew a couple like this, many years ago, they were always so poor, despite being very highly paid Consultant Doctors, true there were "poor" huge amounts of salary being paid into pensions.

The sad thing is that one of them died in her 50s, she never saw her pension.

RememberBeKindWithKaren · 26/11/2025 16:00

This is what we have to go through because the previous governments haven't properly funded prisons, schools, hospitals, police force, legal system etc etc..

On this combined income you must surely feel awful for those on low incomes. Stay strong.

Addictforanex · 26/11/2025 16:00

randomchap · 26/11/2025 15:45

Because they have limited life experience out of their well off comfortable bubble? Because they don't understand statistics? Because they know they are in the top 10% but prefer to claim to be a middle earner to get engagement on social media platforms?

Maybe those are factors, but I suspect it’s primarily the rocketing CoL over the last few years and stagnant wages making their income feel like it is less and less month after month after month.

BIossomtoes · 26/11/2025 16:00

EvangelicalAboutButteredToast · 26/11/2025 15:41

Yep. It’s incredibly hard to imagine that being the case but it definitely is. Our household income is ten grand less and we are very frugal indeed. Literally no luxuries, yellow sticker items, charity shop and Vinted clothes, no holidays abroad.

I imagine that’s from choice not necessity.

Benjithedog · 26/11/2025 15:59

wahwahwahwoah · 26/11/2025 15:56

There's a great bit of research somewhere - can't be arsed to try and find it but look it up - that said the vast majority women CEO's in the top 100 companies believed that they were there by luck, and the vast majority of male CEO's in the top 100 companies believed they were there due to ability and hard work. Read into that what you will. I always believed I got to the top of my field by luck and the majority of women directors I mixed with felt the same.

I think I’ll wait to see research.

Mildura · 26/11/2025 15:58

Vinvertebrate · 26/11/2025 15:54

We are a higher-earning household (c. £400k pa) and I am - up to a point - happy to pay tax. My hesitancy is because, despite paying lots of IT and other taxes (e.g. last year's household tax bill was well into 6 figures), our public services are still complete and utter shite. We have to use private GP's to fit around our work, locally the NHS hospital is not fit for purpose, you'll probably find the NHS dentist riding into town on a unicorn that shits diamonds, and (in our case) you'll have to take the LA to a Tribunal to obtain anything like acceptable support or education for our disabled DC, because they are happy to ignore their legal responsibilities. Oh and the whole "go private" mantra is pointless, because there is no private pediatric medicine in the UK outside London.

Where is the plan to reduce spending? Or to cut our trillions of unfunded public sector pension liability? Why are people like us, who pay and contribute and work hard and claim nothing, being rinsed for even more, just to shovel the money at welfare and debt interest, and then insulted for "complaining about tax" when suggesting that our lot is not an entirely happy one?

Even if I was paying tax at 20%, or paying none at all, I would struggle to accept that waiting 6 weeks for 10 minutes with a dismissive locum GP was a reasonable provision of primary care, or that a cancer patient waiting 16 hours in a corridor was anything other than barbaric and unacceptable. As a dual additional rate taxpayer household chucking >£10k into the public purse every month, it's absolutely insane.

£400k pa.

Now that is a high earner!

Statistically £140k pa combined salary might be a high earner, but with a big mortgage and nursery fees it's unlikely to feel like it.

wahwahwahwoah · 26/11/2025 15:56

Benjithedog · 26/11/2025 15:22

What’s ludicrous is to say luck always plays a part. How could you possibly know that? Did you attend their job interviews? Have you met every single person who earns over 100k? But I can see you’re basing your opinion on what you’ve heard on TV. Maybe someone noticed potential in others because they worked hard within their job environment and got noticed that way

Edited

There's a great bit of research somewhere - can't be arsed to try and find it but look it up - that said the vast majority women CEO's in the top 100 companies believed that they were there by luck, and the vast majority of male CEO's in the top 100 companies believed they were there due to ability and hard work. Read into that what you will. I always believed I got to the top of my field by luck and the majority of women directors I mixed with felt the same.

Christmascarrotjumper · 26/11/2025 15:56

MasterBeth · 26/11/2025 15:47

Because they don't mix with people on actual middle incomes? Because they believe the bullshit narrative that the right wing media parrot?

Our household income is a little bit more than that and we are in no sense squeezed.

Good for you. Are you a young family with a mortgage?

RashidSanook · 26/11/2025 15:55

Mushroo · 26/11/2025 14:30

This! Our house is nowhere near £2m, but there was a lot of talk of doubling council tax for top bands, which would be an extra £3k a year, and is a real worry. But it’s an unknown so I’ve not factored that into any calcs yet.

But it’s an additional stress.

I'm on your side OP. Labour just hate to see people doing well.

Crazybigtoe · 26/11/2025 15:55

Im with you OP. This budget has made my family worse off too.

Benjithedog · 26/11/2025 15:54

wahwahwahwoah · 26/11/2025 15:49

Your posts show such naivety. I worked my way up the ladder and did really well. I was lucky that my parents believed in the value of education and supported that. I was lucky that I didn't have any additional needs that were unmet. I was lucky that my parents could afford to financially support me through university. I was lucky that I genetically had enough academic ability to pass exams. If you don't recognise the luck required to achieve in today's society then you have spent too long in the middle classes. Can I suggest doing some voluntary work at a food bank as it would really aid you in understanding. For what it's worth I was raised with the whole "anyone can achieve anything if they work hard enough" adage, and life has shown me that it's simply not true.

No that’s actually life. You get good years and you get bad years and sometimes you get dealt a raw deal in life which is not the fault of the Taxpayer who seems to be the whipping of so many people
on this thread.. But again another huge assumption that you think I don’t volunteer which is laughable becomes I already do. Do you?

Vinvertebrate · 26/11/2025 15:54

Happyjoe · 26/11/2025 14:49

Everyone wants not to pay tax. But they want a functioning NHS, potholes filled, good schools, NHS dentistry, good councils, streets kept clean, free childcare... and in the case of the OP, she wants to keep the household income of £140k all to themselves.

Make the complaining about tax make sense?

We are a higher-earning household (c. £400k pa) and I am - up to a point - happy to pay tax. My hesitancy is because, despite paying lots of IT and other taxes (e.g. last year's household tax bill was well into 6 figures), our public services are still complete and utter shite. We have to use private GP's to fit around our work, locally the NHS hospital is not fit for purpose, you'll probably find the NHS dentist riding into town on a unicorn that shits diamonds, and (in our case) you'll have to take the LA to a Tribunal to obtain anything like acceptable support or education for our disabled DC, because they are happy to ignore their legal responsibilities. Oh and the whole "go private" mantra is pointless, because there is no private pediatric medicine in the UK outside London.

Where is the plan to reduce spending? Or to cut our trillions of unfunded public sector pension liability? Why are people like us, who pay and contribute and work hard and claim nothing, being rinsed for even more, just to shovel the money at welfare and debt interest, and then insulted for "complaining about tax" when suggesting that our lot is not an entirely happy one?

Even if I was paying tax at 20%, or paying none at all, I would struggle to accept that waiting 6 weeks for 10 minutes with a dismissive locum GP was a reasonable provision of primary care, or that a cancer patient waiting 16 hours in a corridor was anything other than barbaric and unacceptable. As a dual additional rate taxpayer household chucking >£10k into the public purse every month, it's absolutely insane.

wahwahwahwoah · 26/11/2025 15:49

Benjithedog · 26/11/2025 15:00

They shouldn’t feel thankful for working hard and moving up the career ladder. These jobs do not (mostly) land in people’s laps. Most would require a degree of skill and qualifications, things that most people can acquire themselves. Luck very rarely plays a part

Your posts show such naivety. I worked my way up the ladder and did really well. I was lucky that my parents believed in the value of education and supported that. I was lucky that I didn't have any additional needs that were unmet. I was lucky that my parents could afford to financially support me through university. I was lucky that I genetically had enough academic ability to pass exams. If you don't recognise the luck required to achieve in today's society then you have spent too long in the middle classes. Can I suggest doing some voluntary work at a food bank as it would really aid you in understanding. For what it's worth I was raised with the whole "anyone can achieve anything if they work hard enough" adage, and life has shown me that it's simply not true.

MasterBeth · 26/11/2025 15:47

Addictforanex · 26/11/2025 15:41

Maybe we need to question why £140k feels like the squeezed middle to those that are living it.

Because they don't mix with people on actual middle incomes? Because they believe the bullshit narrative that the right wing media parrot?

Our household income is a little bit more than that and we are in no sense squeezed.

randomchap · 26/11/2025 15:45

Addictforanex · 26/11/2025 15:41

Maybe we need to question why £140k feels like the squeezed middle to those that are living it.

Because they have limited life experience out of their well off comfortable bubble? Because they don't understand statistics? Because they know they are in the top 10% but prefer to claim to be a middle earner to get engagement on social media platforms?

BringBackCatsEyes · 26/11/2025 15:45

EvangelicalAboutButteredToast · 26/11/2025 15:41

Yep. It’s incredibly hard to imagine that being the case but it definitely is. Our household income is ten grand less and we are very frugal indeed. Literally no luxuries, yellow sticker items, charity shop and Vinted clothes, no holidays abroad.

You earn 130K and can't afford good food, new clothes and a holiday?
What are your outgoing? Do you have a massive house, lots of debt?
Do you ever imagine how most of the country are managing when your income is so high?

Gilead · 26/11/2025 15:45

AutumnLeavesandKnittedJumpers · 26/11/2025 15:15

I would rather have a better paid job than to prop up parents who can’t afford their kids

I’m talking about woman who are raped by husband/partner. More common than you think.

MasterBeth · 26/11/2025 15:45

EvangelicalAboutButteredToast · 26/11/2025 15:41

Yep. It’s incredibly hard to imagine that being the case but it definitely is. Our household income is ten grand less and we are very frugal indeed. Literally no luxuries, yellow sticker items, charity shop and Vinted clothes, no holidays abroad.

I don't believe you. I bet your lifestyle allows you access to many things that others would consider luxuries.

FreeTheOakTree · 26/11/2025 15:45

but we absolutely watch every single penny and £84 a month is a lot to us!

In this case OP, I suggest you are living beyond your means.

Benjithedog · 26/11/2025 15:43

Allisnotlost1 · 26/11/2025 15:39

I haven’t assumed anything - I’ve given my opinion based on my experience. You’ve misread and misquoted that, perhaps deliberately.

Of course you have. It’s quite clear you assumed I didn’t mix with successful people and that I should brush up on my comprehension skills. You said it. There’s no misquote

Addictforanex · 26/11/2025 15:41

HappilyDivorced89 · 26/11/2025 15:34

THANK YOU!!

This is the 2nd post I've seen today from someone claiming to be a middle earner when they're actually earning £140,000 a year...reality check much?

Maybe we need to question why £140k feels like the squeezed middle to those that are living it.