To be pissed off at paying more tax evdn though it is 1.25 percent?

[Fancymice]

So I get paid 1430 a month, then
-76.40 income tax
-75. 96 national insurance
-36.40 pension

And then this new 1.25 percent health and social care levy will be by my calculation 17.88

Total deductions 206.63 so take home will be £1223

I know it's only £17, but It just feels like the cherry on top of a year of being financially pummelled. The price of everything is going through the roof, food, petrol, rent. A pay rise is out of the question "because of covid" and now I have to part with even more money for our shitty useless government to misnanage.

@AdmiralCain the U.K. is not one of the most taxed countries...it's actually far from it. It's about in the middle of the road to be honest.

[quote wedwewerpink]@Fancymice I agree the wages are pitiful but Still the fact of the matter is you actually do pay very little in taxes. [/quote]
What exactly is the point you are trying to make, unless your just being sneery about the fact I earn less than you. If I payed vastly more taxes, I would literally not be able to afford to live. Any increase in taxation is a massive deal for anyone on min wage.

The fact that people on min wage cannot afford to pay their 'fair share' of tax is because of shit wages, and as I said before Is really a separate discussion. Also what about people who can't work etc, are they not supposed to have an opinion about these things either, because they're not paying tax?

[quote wedwewerpink]@AdmiralCain the U.K. is not one of the most taxed countries...it's actually far from it. It's about in the middle of the road to be honest. [/quote]
Quite.
The real issue is whether the tax taken v services offer value for money

Funding social care....

Closing corporate tax loopholes and having massive companies pay their dues would be a great place to start.

The government not pissing away millions and millions of pounds on shit that doesn't work like test 'n' trace (£13.5 BILLION to the year ended April 21 and expected to cost a total of £37 billion overall) would be fantastic.

Taxpayers not being expected to subsidise MPs £39 breakfasts would be a nice gesture.

None of that will happen, though, because governments are never, ever truly 'in it' with the people.

[quote wedwewerpink]@AdmiralCain the U.K. is not one of the most taxed countries...it's actually far from it. It's about in the middle of the road to be honest. [/quote]
I never know, when reading facts about tax etc, of they include NI payments.

I read that Netherlands pays 52% tax, if the UK pays 25% tax, is that just Income Tax or is it counting NI as a tax too?
It all goes to the same pot.

Income tax, national insurance, car tax etc etc. It all ends up as government funds

Tax seems to be kept deliberately complicated, just so we don’t know how much we really end up paying as a percentage, or how we compare to other countries.

Unfortunately if we want good education, health etc we have to pay for it. Obviously the ideal way would be for our government to tighten up on tax evasion/avoidance, but that ain't going to happen!

I personally think the £100k+ a year earners need to pay alot more tax

They do. Especially as the personal allowance tapers at that level of income (meaning that the actual tax rate between £100k and £125k is currently 60% once you take this into account).

Paying extra tax and NI doesn't bother me in principle, from each according to their means etc...
What does pmo is paying extra to cover care costs so people can leave more of their assets to their children.

It seems to be, after your tax free allowance,
20% on Income tax
13.125% on National insurance
20% on VAT on pretty much every single purchase

so after your tax free allowance 53.125% of everything you earn goes to the government if you're a higher earner (50k+) that's gonna be creeping up to 60%

What about the horrific 14% price increase we had on council tax in london this year, My council tax has gone up by £500 in a couple of years, Don't try and make out local governemnt and national government are any different. 10% of my wages go on council tax of so that's 63.125% of my wages going to the governement.

Oh yeah thanks for leaving me 40% of my wages and making out you've done me a favour and this is all my fault.

Whilst I am really not happy to be paying it, if it genuinely goes towards helping to fund social care/the NHS then that would soften the blow somewhat

However, I am furious that those who are worse off than me (I have mediocre savings and am far from rolling in it) are going to be hit. And they are going to be hit hard. In a world where food bank use is rife I cannot see a situation where this rise will end well.

Additionally, I am fuming that so much money is being spaffed up the wall (you need only look at track and trace but there are many other examples) that they are now claiming that this is the only solution

It is wrong. But I simply can’t see voters turning again fun-loving, comical, backstabbing Boris in any significant numbers to end Conservative government

@Wannakisstheteacher

It honestly horrifies me that we will pay more simply so the boomers won’t have to sell their houses to fund their own bloody care. Never has a generation in history had synchro an easy ride at the constant expensive of everyone else.

Then they can pass something on to their own children.

Yanbu. I wish they'd just end the NHS or make people pay for appointments. It's ridiculously expensive to run and a lot of people expect it all for free or for virtually no tax.

There would be more incentive to work and earn if the government didn't offer health care for free.

@PalmarisLongus It leaves a bitter taste hearing those with far more than they need demanding they get taxed the same as someone who doesn't have everything they need.

I haven't heard anyone suggest that everyone gets taxed the same. Your analogy with the same size box would mean everyone pays the same £ amount.

Higher earners already pay not just a much higher £ amount, but a higher % of income. What is being debated here is an increase to that existing progressive system.

The large problem is the spending. We have a government sieve leaking money.

Im a big fan of our NHS and social care and am not overly fussed about the increase because I can see the larger benefits to having a national health and service and social care and because I can afford it (at present).

I do believe a shake up is needed of everything. I'm not 100% sure how it could be done.

I'd like to see social housing rent linked to NI contributions (this could reduce for those who are low income and increase for those on higher income), this may add additional contributions into the local systems to support social care. Sugar tax going towards NHS funding, increased taxes on takeaways, processed foods and alcohol etc all going towards social care and NHS etc. Forcing people to cook healthier meals, live a healthier lifestyle and hopefully become less of a burden on the services. I'd also like to see some of the less motivated in society perform some community duties when receiving a government funded allowanc.

I do not believe I should have to sell my home to pay for all my care costs when I've contributed to society my entire life. I've saved and worked several jobs to give myself an element of financial security (purchase a home) and yes... I do believe I should pass an element of my earnings on as inheritance. Why shouldn't I help the next generation of my family? Additional note... I purchased my 1st house 6 years ago, having saved for 16 years to have a sufficient deposit. I was trapped in private renting cycle, I wasn't given any help.

I’m a low earner, I don’t mind paying more NI - what I’m struggling with at the moment is rising rent.

I live in a former coal mining town, we are having landlords from elsewhere buying up the terraces and turning them into tiny bedsits.

Why aren’t the government doing something about the housing crisis?

Honestly rising living costs are making me physically ill at the moment.

@CaptainMarvelDanvers the housing issue is the most annoying. If bedsits are needed and acceptable places to live. Why aren't unused offices being used to create this safe space. Surely this could become a good government scheme? I completely share your anger relating to housing.

I’m annoyed too, because it seems like the more we earn the more tax gets taken and nothing seems to change!

I’ve had to go private for healthcare and surgery because the NHS waiting lists are so long. The NHS is haemorrhaging money and staff all the time, so pouring more money into a broken system feels wasteful.

How do we know this extra tax gets spent on social care, and what sort of social care? Shouldn’t tax payers have a choice?

It also annoys me that it’s based on individual income not family income. So you can have 2 families with the same income but one family pays minimal tax as both parents work in average-paid jobs; yet bring home a collective income of 100k. Another family might have one main earner; suppose mum earns 100k and dad is a SAHP, putting them in the highest tax bracket!

I personally think the £100k+ a year earners need to pay alot more tax
‘We already pay a third of all IT. There are not enough of us - that’s the problem’

Exactly.

It feels like a punishment for earning more.

It also annoys me that it’s based on individual income not family income. So you can have 2 families with the same income but one family pays minimal tax as both parents work in average-paid jobs; yet bring home a collective income of 100k. Another family might have one main earner; suppose mum earns 100k and dad is a SAHP, putting them in the highest tax bracket!

Yes, the more you earn the more you pay. I do not understand why people think that high earners do not pay.

How come we do not have a decent social care and so much money go to corrupt countries in foreign aid. Seriously, that money hardly gets to the people in need. It is billions they should be sorted by now. Plus, we keep letting more and more families with 8-10 kids. It is all so uncool not to agree with it.

If you research many charities and international organisations tare run by communists. Very clever to get these roles and put pressure on governments like this to push their agenda. I stop here because telling the truth will make my messages get deleted here.

Social care must be tackle but I am not holding my breath because of borders shitshow.

Yes, the more you earn the more you pay. I do not understand why people think that high earners do not pay

But we do pay! Far far more than people on lower incomes. It feels so annoying when yet more hard earned money is taken in tax, and public services don’t seem to benefit!

I personally think the £100k+ a year earners need to pay alot more tax

I’m already paying £1000 per week in IT/NI (and that’s without being in the 45% tax bracket). How much more do you think I should be paying? And you do realise that increasing my tax liability still further just makes dropping to PT more attractive, don’t you?