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.

@wedwewerpink

My dh pays about 20k in tax etc per year so I personally think that is enough!!

I find it totally unsurprising that people with large amounts of income pay more income tax than people with small amounts of income.

Don't you?

@SoulfulSal

... culture of exploiting people. He’s made huge profits during Amazon, delivery drivers and warehouse staff have worked throughout covid but I bet they still got shit wages

Hmm. I'm always a bit nonplussed when people go on about Amazon paying shit wages.

I mean they're obviously not mumsnet standard. But ime Amazon pay their warehouse staff very fairly.

Dh works for Amazon, in a warehouse. Packing, moving stock - basically a zero skill job that he walked into after a 3 minute interview.

He's paid roughly £800 net a week. Yes a week, not a month and yes net. They pay 2.2 hourly rate for overtime and throw bonuses at you if you work x hours of OT a week.

He does 60 hours for that - and it's hard work physically. But at over £3k take home a month, it's roughly the same as his previous 'professional' job, where he was salaried but had to do 60 hours a week to keep up with his work.

Only this is zero stress, zero worry, zero responsibility, no office corporate bullshit and he doesn't need to go to the gym anymore because he works out every day at work 😂

He joined as a temporary stop gap after redundancy until he got a 'proper job'. He stayed because it's a much better way of life that his previous management role and it's easy money.

There's really no need to feel sorry for the poor, lowly Amazon workers...many of them are earning well above the average wage for a piss easy job.

Jesus! I'm going to go work at amazon! That's a great pay!

Yes, I am fucking pissed off. I voted Labour, before anyone starts saying 'you got what you voted for'.

[quote NotPersephone]**@DynamoKev* it’s not “utter bollocks” - it’s a fact that the top 1% of earners already pay 1/3 of income tax*. It’s pretty hard to “dodge” tax via PAYE. You’re talking about taxing wealth, which absolutely should be happening but is apparently unpalatable/too difficult/unpopular with donors etc.

And @wedwewerpink I appreciate that £20k “feels” enough, but when you consider the cost of schooling (at least a few grand per child) and a few medical issues per person, it’s clearly not going far. £20k probably doesn’t meet the costs of providing services to an average family - and there are plenty who don’t even pay £20k so there is an element of subsidy as well.[/quote]
My "utter bollocks" was about your contention that there are not enough wealthy people to pay extra tax.
It's not just wealth - people who gain income from share dividends and trusts don't pay any NI at all, even if they are of working age. That 1% who pay 1/3 of income tax may legitimately (under current rules) be paying zero NI, even if they are working as a director. There are plenty of people making plenty of money who could pay, but are allowed not to.

Jesus! I'm going to go work at amazon! That's a great pay!

I thought that until I saw the bit about 60 hour weeks.

[quote NotPersephone]**@DynamoKev* I said that there were not enough people earning over £100k to pay enough income tax* (ie through PAYE) to make a difference. There simply aren’t - it’s

People didn't pay their fair share in the Victorian times - those who created wealth paid for everything,

The wealthy got their money from the labour of the poor. And they didn’t pay for anything - people died from lack of healthcare, they starved to death, the only welfare available to them was workhouses - my great, great grandmother was in one. If you want a return to that, you should be ashamed of yourself.

What people who are moaning that lower paid don't contribute enough don't realise is that taking more off them in tax & NIC means that there is a fine line between working & being better off on benefits, every time taxes are increased the line gets thinner & more decided that work doesn't pay.

[quote NotPersephone]**@DynamoKev* I said that there were not enough people earning over £100k to pay enough income tax* (ie through PAYE) to make a difference. There simply aren’t - it’s

The money is for the NHS as well as social care. We all use the NHS, even if it's only for smear tests and when you give birth, as in my (fortunate) case.

And some younger adults need social care.

Can we stop making this a generational thing, it isn't.

Precisely. I'm fed-up with posters on this forum moaning that the NHS is underfunded, then moaning that they're being asked to put some more funds towards it. If you want a decent public health service, you have to pay for it, end of.

And whilst I have every sympathy for people on very low incomes who will struggle to pay this extra tax, I'll bet that many of the posters on here complaining also take holidays, eat takeaways, dine out at restaurants and enjoy various other luxuries. So don't tell me you can't afford a few extra quid a week towards the NHS and social care.

@Dongdingdong You're completely out of touch with how those on low incomes live. Your post is just one big nasty Daily Heil stereotype.

DynamoKev
people who gain income from share dividends and trusts don't pay any NI at all, even if they are of working age. That 1% who pay 1/3 of income tax may legitimately (under current rules) be paying zero NI, even if they are working as a director. There are plenty of people making plenty of money who could pay, but are allowed not to.

Tax on dividend income is being increased as well;

From April 2022 tax on dividend income will increase by 1.25% to help support the NHS and social care.

www.gov.uk/tax-on-dividends

Tax on dividend income is derisory though. 7.5% over a £5k personal allowance.

Tax rate on dividends over the allowance:

Basic rate 7.5%
Higher rate 32.5%
Additional rate 38.1%

@Islamorada

Yes, the taxes in this country are very high. We should not have to pay a penny more. We will never catch up because hundreds arrives everyday. Some will never work and will use the NHS, schools, housing, etc… There is not plan and is unsustainable. They get here poor and most stay even poorer. Money given for benefits is never enough and taxpayers carry the burden.

Oh gawd, the problem is an ageing population. Immigrants tend to be young and underuse services, pay taxes then often return to their home country before they rely on the state for much. At least the European ones did, no doubt you voted to change all that.

I mean it’s not as though investing in companies helps the economy or anything, right?

No, it’s obviously pure altruism.

@Dongdingdong You're completely out of touch with how those on low incomes live. Your post is just one big nasty Daily Heil stereotype.

@CorrBlimeyGG Actually most Daily Mail readers seem to be vehemently against this tax as well, from what I've seen in the comments. Perhaps you have more in common with them than you think.

Immigrants tend to be young and underuse services, pay taxes then often return to their home country before they rely on the state for much.

This is true. I doubt the Tories would keep allowing such high numbers of immigrants if there was no financial benefit.

I'm set up as a limited company. I never made a lot of money before the pandemic but it was enough (about £25k a year) to get by. This year though my business has completely gone to pot due to the nightmare that was/is Covid-19. As such I'm earning very little and unless things pick up soon, it's looking like I may have to relocate as we are struggling to pay our mortgage.

From what I've read, it sounds like I will be hit with a double whammy of tax increases - firstly on national insurance and secondly on dividends. I don't have much spare cash but am happy to pay more money to fund social care and the NHS - as long as it makes a tangible difference to both. My fear is the money could just be swallowed up and wasted and we won't see any benefit from it. We'll just have to wait and see and hope I guess.