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!

I very much doubt that lifting the 2 child benefit cap will miraculously enrich and improve the lives of children with feckless parents.

It's madness directly giving more money to these parents. Far more sensible to invest it in more free pre-school childcare, breakfast clubs and after school clubs. Re-open Sure Start Centres and provide clothing/shoe vouchers etc. Actual direct, tangible benefit to the child (well mostly).

Instead of the disingenuous, idealistic twaddle that purports all parents have their child's best interests at heart. And that any extra money coming their way will 'naturally' be spent on their child's wellbeing.

Have to say, I am confused. I am a higher earner and pay 45% tax on a chunk of my salary. I own a large house that is under £2m. I appreciate the isa limits and tax on savings income will affect me - but other than that I will stay the same. Helped by the fact I am well paid but pay rises are few and far between so the threshold freeze doesn’t affect me.

Honestly I do not have the financial profile of someone a labour government wants to protect but did an online calculator and I will understand £100 a year worse off. so where is all the money going to come from to fill the fiscal black hole??

This week I have learned that several people I know claim pip. I know these people - have done for a long time and believe me, these people work, look after their own homes’, drive and socialise the same as any other person. Whatever conditions they have have no idetrimental impact on their lives (they do not nneed help at home/therapy/additional meds/support/anything in addition to what a ‘normal’ person would need). One of these people gives the full pip money to her son who is at uni. Then I also found out that three ‘single’ mums in the same block of housing all have their boyfriends living with them and yet they all claim as single parents with £800 a month each housing benefit plus U/C, childcare and single persons council tav/benefit. In addition I also know that my friend claims pip for herself for severe arthritis(yet works on her allotment 2/3 times a week) and claims pip for two of her children (one rightfully so). These are just a few people I know who are milking the system because they are able to but absolutely shouldn’t be as there is no real reason for them to do so. And the rest of us are paying for it!!!!!

Totally agree with this

I lost my job and needed temporary help
£400 UC is all I get as I’m single and don’t rent (mortgage)
that’s not something I can live on

Iteratively from all the £100s. The freezing of the tax threshold is the biggie. The fact that no one person feels outrageously hard done to, yet many people contribute, is the quiet brilliance of the budget - assuming you accept the premise that taxes were going to have to increase.

If you’re in Liz Truss territory then it isn’t quietly brilliant that very few other than the very richest feel aggrieved from a personal situation perspective. Those individuals are ideologically opposed to tax in all forms.

Very well said.

They rolled it back before, they'll do it again.

Yes, and any reasonable government would simply leave the children to languish in it. Those selfish little gits choosing to pop out of an irresponsible mother. How dare they.

@Baldylovingbeard what tax tax tax?

The tax thresholds were set by Jeremy the Hunt to run until 2028. Rachel extended that by 3 years. What she didn't do was move a 5p Vat to 20p like George Osborne did.

Be thankful for snall mercies, there is a lit more shit to dig through to get the economy on its feet properly, give her time. I think it was a fair budget, but those who can work must work for tgeur benefits.

The money needs to go directly to the children through better free school meals, holiday clubs, education provision etc. Their parents will not be able to provide those children with anything like the resources they need to do anything but follow in their parents footsteps. By the time they are adults it is likely people like their parents would have bankrupted the country and left them with little in the way of resources to be able to get them out of it. If they are lucky they will have the determination to do their own lives differently but they will have to do it with little food, space , parental time or encouragement while their parents provide them with sibling after sibling. She's only 27. I doubt she'll stop at 5.

Are you serious. That second case study, the person is clearing £6150 in a good month with salary and UC top ups. For the people who screech rich. She is clearing an amount, well, well into the equivalent of a 6 figure salary after deductions such as tax, pension and student loan. That’s outrageous. The mirror knows it and I have no idea why they’d troll their own party like that.

You’ll no doubt justify it as high rent and childcare. Yet, when someone EARNING a 6 figure salary for themselves. They are expected to foot those costs for themselves AND everyone else. They then have nothing to show for it and are told to check their privilege.

Anyone being topped up to the equivalent of a decent 6 figure salary, after deductions, is proof the system is broken. Yes people are angry and I don’t blame them. The worm is turning.

You've not included NI ... which is a tax. But I agree, it's not 60%.

Thank you!

Yes - on any of the salary threads, earned income of that amount is invariable described as “wealthy” or “rich” or even “no-one needs that amount of money”

There is no incentive to be a working, contributing member of society. You get shat on from all angles.
They should be rewarding the working folk. Give people incentives to work and it will encourage more people into jobs. Right now we feel like we are being taken for mugs.

People can deny it all they like. The system is eating itself and will collapse. It’s just when. People trot out excuse like, high rent, childcare, etc. No-one, even people with disabilities should be taking home the equivalent of a six figure salary after tax and ni on tax payer funds. No-one. That’s the equivalent of a salary of £135,000 after tax, ni and student loan. Not even a pension contribution. That is not state support, it is unaffordable state largesse. People are angry about funding it.

People see 125k and divide by 12. They forget the punitive tax measure at that level. That is a shocking amount to claim and then say you can’t cope. Anyone on that salary will be accused of having diamond shoes too tight. Yet they have to pay for everything and the people in the article and lose things they are entitled to. Such as child care, tax free allowance. Madness and not sustainable.

It’s madness.

I can’t get worked up over money going to families with children. However there is a huge problem with NEETs and long term benefit claimants

https://www.bbc.co.uk/news/articles/c62920440m2o?app-referrer=deep-link

we need to sort this out and there should be compulsory training Schemes in order to claim benefits. This will affect the nation more than anything in the Budget

Well why should they really. There are few jobs at entry level because of the NMW. No point having it if you can't find a job. If you dont bother you get the same money, pop out a few kids and youll get more, not have the expenses of work, not have to get out of bed at 6am to get the bus, buy work clothes or study for qualifications. Its all very well saying ' well in 20 years you may earn more' when the YP who work hard won't be able to afford a house, a pension, holidays, will probably be paying off student loans.

Labour have been in power 5 minutes. Did you expect everything to suddenly improve after the Tories wrecked the joint? They put the country in the shit, of course there will be more taxes. Why doesn’t your husband quit and take a minimum wage job? 100k is crazy money most of us will never see. Grow up.

The last budget was a one off tax hike

Load of crap! Of course there is an incentive and in any case isn’t it our responsibility to contribute. Maybe if everyone wasn’t “me me me” society would be a better place.

No responsibility to contribute ….. oh

You actually start losing the personal allowance at 100k and it’s completely gone by 125k, hence the effective tax rate of 60% between 100k-125k (40% higher rate plus 20% effective due to loss of allowance). But if he’s ‘only’ on 100k as stated in the op (let’s say for example 101,000 if she’s rounded it) then he’ll have lost very little personal allowance and therefore paid very little at 60%.

I’m sorry @ghostiewhisp. That sounds really tough. People have a weird view of benefits. I can’t imagine that living on them brings any joy.
Work is always a better option. There have always been articles saying someone is playing the system but these are rare examples.