To be fed up with the amount of tax / ni I pay

[Elephantstone1]

although my salary looks decent from the outside. I’m beginning to get really fed up with the amount of tax / ni I pay.

so on £60k end up coming out with just around £3k per month from £5k after all taxes (including council tax) have been paid.

we’re not entitled to any help that others may get

my commute costs about £400 a month, but I’ve already paid tax on that money, so i have to earn about £600 a month to pay for it.

i know I’m lucky to be on a decent salary. Just with the col increasing, I’m getting a bit fed up

This.

Everyone always wants 'someone else over there but not me' to be paying more tax.

@Gettybetty but the super rich don't pay enough tax. Their lifestyle would not be as highly impacted by any stretch of the imagination.

My husband told me that he paid £32k in tax and NI last year. 😶 I don't even earn that.

Only if you see "what you get out" as what affects you directly, personally.

You're not considering the indirect effects of a happier, less poverty ridden, better looked after and better educated society.

That's how I'm feeling these days. I pay more and more taxes to fund others' benefits.

If you think everyone should get their commute paid for then that's cool I'd happily get a better paid job in London or a city centre if my season ticket would be subbed by the government. I mean never in a million years will this happen and neither should it, but still.

When taking a job realistically save the heartache and don't even work out pay just jump straight to the take home pay.

I wonder what teachers and HCPs think.

That's how I'm feeling these days. I pay more and more taxes to fund others' benefit

Which is necessary. That's just the way it is - the only logical answer I see is a higher threshold for income tax and taxing those who are earning say £150k+ a year, more

I haven't had a pay rise for 18 months and even that was paltry... You could look for a better paying job?

Ooh, I like this turn of phrase. I agree, absolutely.

Labour don't have any decent ideas either to improve the public sector and make life better for those who use these services and the employees. A lot of their ideas are ridiculous, when given the current state of them and the labour ethos this should be an absolute walk in the park for them. The reality is that no party has the back of the working class anymore.

Well your in Scotland so you're paying for everyone's free prescriptions, free university education, free period products etc etc oh and your corrupt government 🙄

You don’t get more out of it than someone who is paying a tiny subscription or in fact no subscription at all. Asa general rule you get less than them, hence why it is not remotely comparable

I earn more than you and take home less. A good chunk of that is because of pension contributions. If you're tax savvy you can use that to your advantage. Not sure what other outgoings you have but tax breaks exist on childcare as well. I'm in Scotland and accept its part of life. State schools are on their knees yet people don't want to pay more tax. It doesn't work like that.

Who do you consider to be the super-rich? And what's enough tax in your opinion?

People get that whether they pay in or not. Those who pay the most don’t get an enhanced offer, they get the least. Those who pay the least in get the most out as a general rule

@Gettybetty I'd say £150k plus, if you're earning that as an individual, you need to be paying more tax than you already are at the moment

Those who have most pay most

Seems fair to me

Yes if you kept more you could get more stuff , do more things , but the people around you would be a lot worse off. I don't like to see people suffer , I don't like to see people living in poverty , old people dying through lack of support , injuries going untreated , children facing a live of poverty because their education isn't good enough .

And in all likelihood you would end up worse off paying private insurance for everything because only the super rich actually benefit in practise from a low tax system

YABU. You are a very high earner. And your choice to live somewhere with that commute cost. You benefit from everything paid for from taxation and NI

@kelsaycobbles how much additional tax did you choose to pay this year on top of what you are legally required to pay?

Do any of you actually check the budget spend? The biggest expenditure by far is pensions and welfare benefits. NOT public services.

If you earn more you still have more money. You are still better off.

And you have no idea what is in store for your life. You could have a terminal illness or an accident tomorrow that means you can no longer work. Don't fool yourself into thinking life is all within your control and you've simply made better choices than anyone who earns less than you.

If you can afford it put enough into your pension and other benefits (that help you save tax) - you may still bring home 3k

Is 150k per annum super rich?

https://uk.talent.com/tax-calculator/Great+Britain-150000#:~:text=That%20means%20that%20your%20net,marginal%20tax%20rate%20is%2043.3%25.

Summary

"If you make £150,000 a year living in United Kingdom, you will be taxed £55,665. That means that your net pay will be £94,335 per year, or £7,861 per month. Your average tax rate is 37.1% and your marginal tax rate is 43.3%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of £100 in your salary will be taxed £43.25, hence, your net pay will only increase by £56.75"

150k per annum is already taxed pretty well.

This. And I say that as a household on a higher income. There are not enough net contributors. If anything, tax needs to be higher and wages too to compensate. My dh also puts about that much in his car monthly.