Tax TAx TAX!!!!!! Fuming at our government!

[Baldylovingbeard]

please try and convince me otherwise…..

What a joke this government are!!! ( UK)

Let’s just tax everyone who earns a bit of cash!!! Oh and while we’re at it… go on have loads more children it’s ok others will pay for them!!! Cutting the 2child benefit cap! If you decide to have multiple children you should be able to afford to provide for them. NOT expect others too!!!!! If you fall on hard times and you’ve worked and contributed to paying tax than you are within your rights to claim tax this is what benefits were made for, it’s not a means to not work, have more kids….etc!

Oh and if you work really hard and want to put some money by for you later days in life…. You’ll be taxed!

My situation:
Part time work, full time mum to 1 child. I work for myself and earn around 10k this money usually pays for things our daughter needs… clothes, clubs, any treats.
Husband works long hours, his under a lot of stress with his job, he has worked his way to and earns a very good salary 100k he gets taxed 60% you do the maths on that! We live in a 3 bed around £280k so nothing crazy but live within our means. We have one car! One holiday a year! Put money into savings! Pension! our daughter goes to one after school club. My husband got kicked out of home at 16…. He has worked with no help from family or friends and I believe he has worked very hard to get to where he is now. we are generous with charity’s and try our best to help out when we can if we can!

They paid their tax on their earnings. We will pay inheritance tax on the house they worked hard for when they pass. That's how they chosen to live their lives and save.

If I had disposable income I'd probably do the same but unfortunately we don't.

I’m about £60 a year worse off which I’m not mad about (£5 a month) Directly from my income about £130 worse and then with the energy savings it takes it to about £70 better off. Even if I didn’t have the energy savings I wouldn’t be mad at £10 if it improves things. £42k salary single person household

Maybe not but they have probably 400k around so I doubt they're too worried.

It's not 60% though! They're not paying 60k on earnings of 100k. Even if her husband is earning saying 115k, he'd be paying approx 40k ish tax. Which is around 35%.

The 60% tax trap is real but its not across full earnings and she's not admitting to that, just keeps saying they're paying 60% tax and doubling down when challenged.

Exactly this! The comment you’re replying to clearly has a narrow view on things.
mum happy supporting the NHS/council tax…. What I’m not happy with is paying out our hard earned money… yes we both work damn hard for the wages! To be paid to people deciding if it’s wise to have a 5th child! The ones who don’t work because you get more on benefits!!!! This country is a joke! There is a huge divide!

Good luck with that

can’t imagine anything more depressing

You are right of course but she does mean what you’re saying.

i wonder if she’s also referring to the loss of child benefit (lost at 80k), tf childcare and funded hours also

Yes possibly. The cliff edges in our tax system are a big problem.

How come?

There will be a lot of houses worth £1,999,999.

This!!!! Thank you!!!! Hilarious reading what people know about my husband accounts! lol 😂

I don't understand what the exclamation marks are for. This says you pay same amount of tax/NIC for 100k and for 125k next year as you did this year.

https://www.standard.co.uk/news/uk/budget-2025-calculator-how-affect-me-rachel-reeves-b1259910.html

WHy are you so upset?

Well they were bloody stupid. You only pay tax on the interest you earn on savings. Even if they’d been taxed at 99% they’d still have had more money if they’d left it in the bank.

Exactly!!

Exactly

The landlord that said they need to put up their rent as a result of the budget? Can you explain why?

sincerely someone who works in mortgages

But you said he earns £100K, not £100K+. He’d only pay 60% on anything OVER £100K.

Who did you vote for @Baldylovingbeard?
Do you accept that Labour inherited a mess from the Tories?

I don’t know the finer details of how my husband’s accounts work but I know for a fact he pays 60% tax! He doesn’t get the 12k allowance, we don’t get any child benefits.

Your husband’s payslip categorically will NOT be telling you that he’s paying 60% tax on all his earnings. It would tell you he pays (effectively) 60% on any earnings between £100k-£125k. He will also only be paying basic rate tax (20%) on his first 50k then higher rate (40%) on earnings above 50k up to 100k. You need to look more closely.

100% agree with you OP, it’s a fucking shit-show.

You are the life blood of the country. Sadly Labour take from you and give to those who don't deserve it (as well as those that do).

I’m sure you don’t mean this to sound as cold, calculating and frankly lazy as it does……..

I made a choice to become sufficiently educated and skilled that I can support myself and my children. I was then free to marry whomever I liked and never had to treat another human being as a meal ticket.

There would be a massive change in society if all women dropped the idea that someone else will pick up the bill for them one day. Or if we got rid of the notion that working parents aren’t raising their children; if we all accepted that an essential responsibility of parenting is paying for the child, there’d be quite a big chance in society too.

“I don’t know the finer details” - yes, clearly! So take it from people who DO know - he is not paying 60% on all his earnings. It’s been explained here in detail by multiple posters.

(And actually if he’s not earning much over 100k - as per your op- then he’ll be paying very little indeed at 60%.)

Exactly!!!