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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

to think that 6000 per month is excessive for the government to take off my pay for tax?

840 replies

tootaxed · 23/03/2008 19:45

Surely there should be a maximum limit that each person has to pay as tax? Six grand per month in tax is just excessive imo. And that is before NI contributions etc. If the government set a maximum tax limit they would take more care over how they spent their central funds. And I wouldn't have to work so many hours away from my DCs only to have 72 bloody grand a year taken off my income to fund their mis-spending.

OP posts:
donnie · 23/03/2008 21:31

I agree with spicemonster. I have no sympathy for people who earn shedloads of cash and then moan about the stress they may or may not be under. Plenty of lower paid workers endure equal stress - it's not a preserve of the rich. Get another bloody job if you don't like it!

twentypence · 23/03/2008 21:33

Don't tithe for a bit and get your daughter the operation. Charity begins at home and all that.

hifi · 23/03/2008 22:35

xenia, i have to quote from my former ceo, " if i didnt turn up for a week would anyone really notice? no. if the cleaner didnt turn up for a week would they? yep"

amytheearwaxbanisher · 23/03/2008 22:42

ffs if only i had such problems!

VeniVidiVickiQV · 23/03/2008 22:43

Yes, you could be heather mills.

Quattrocento · 23/03/2008 22:45

"No-one has to work 100 hours a week unless they are being paid sweat shop rates."

That remark is so touchingly naive and oddly illogical that I barely know where to start ...

I've worked 100 hour weeks. Rarely but I've worked them. It is in fact usually illegal to work more than (I think) 48 hours a week over a 17 week period. Illegal that is if your employer has not OBLIGED you to contract out of it ...

Judy1234 · 23/03/2008 22:49

The welathy do pay more tax. If this lady pays £72k she is paying more than the person on the £24k average wage. You might argue over the proportions she pays but she is paying more. On no basis is she paying less than the lower paid.

Anyway we seem stuck with 41% because in the UK we in effect have a one party state as both parties have similar views on most of these issues so we only have the choice to leave which is a valid choice with these EU states with flat taxes being out there etc. I can always move to my island I suppose if I get fed up with supporting the poor by taking business calls on Easter Sunday etc.

Quattrocento · 23/03/2008 22:50

In answer to the point made by theyoungvisitor

"In the 2004/5 tax year households in the bottom bracket earnt an average of £8376 and paid an average of £3564 gross tax - about 43% of their total income.

People in the top bracket earnt an average of £84357 and paid an average of £29420 in tax - about 35%."

You are arguing that people in the lower wage brackets are paying more. Think about this. £29,420 is a BIGGER number than £3564.

If I want a loaf of bread - I go to a shop and buy one and I do not have to pay a range of different prices according to my means.

I firmly believe that government wastes a ton of money, and taxes me (I take it personally) into oblivion to fund waste on a staggering scale.

Judy1234 · 23/03/2008 22:52

And Cameron will be no better so there we are. Is it hungary which has a very low flat tax?

VeniVidiVickiQV · 23/03/2008 23:03

There are other taxes too - capital gains, stamp duty and inheritance taxes that dont usually hit the lower paid.

I still wish I was earning enough to be paying those though

SueW · 23/03/2008 23:06

We had DD's op done privately but in an NHS hospital (refused to go to private hospital). It cost around £7k IIRC, including the surgeon's fees and travel from London, assisting surgeon, private anaesthetist, operating room fees inc staff, 2 nights' stay, all bandages, etc.

catok · 23/03/2008 23:14

To get to 210 messages in 3 and a half hours - YES - you are being unreasonable, and I'm not the only one who thinks so!
Thank you for earning so much - it helps to pay my tiny salary in education - you are taxed a month what I earn in a year.
Have you written to your MP to complain about your tax rate? I'd love to hear a commons debate on this!! Have you found out from the hospital why your child's operation has been delayed?
You clearly have a lot of expenses to budget for - mumsnetters have been so brilliant at solving issues for me - why don't you ask for advice with other issues, or do you get a kick out of being inflammatory?

kiskideesameanoldmother · 23/03/2008 23:17

probably already said but with the amt of money you do take home, haven't you yet thought of hiring a financial advisor/tax lawyer to tell you how to cheat minimise how much HMRC takes away. Surely you'll find more expertise there than on MN.

glazedkremedonuts · 23/03/2008 23:17

If you have no savings at all, no significant savings, and you earn that amount of money, then there is something seriously wrong with your money management skills. You also can get a loan terribly easily with such payslips.

Go and get a loan, some advice regarding how to manage your money, and PAY for your childs operation. Thank your lucky stars how rich you are, and what a good job you are, and how you could support your children without your husband, and get a sense of proportion.

And no, not jealous. not badly off. Absolutely incredulous that you DARE moan about it on here, though.

Her credit rating and her salary can solve the problem with her dd, and that is awful that greed and money is worth more than her dd not being in pain.

You have axa ppp and you earn that amount of money?!!!I might be thinking of a different scheme, but I thought it was was more aimed towards people who couldnt usually afford healthcare? Not as a package to a corporate highflyer...

I smell a rat, thank goodness, as if this was for real....

SparklyGothKat · 23/03/2008 23:20
Hmm
twentypence · 23/03/2008 23:26

I do have some sympathy as I reckon she should be able to use her dh's tax allowance too as he can't work and she is supporting him.

Candlewax · 23/03/2008 23:27

Sorry, but if I was earning what you are earning, I would have had private medical insurance (or at least the company I was working for would have it as a benefit - especially if they pay you THAT much) and why did you not have life assurance if your DH had died leaving just you and DC? Mind boggles that someone paid THAT much did not have these sort of things sorted out.

cat64 · 23/03/2008 23:27

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Message withdrawn

Candlewax · 23/03/2008 23:31

Sorry! Just read that you DH is aliving and kicking! Why is he not working then?

CountessDracula · 23/03/2008 23:31

Well I think that if you choose to live here under this tax regime you pay your dues.

Or you get a good accountant and set up on your own and get clever with dividends if it bothers you so much.

You have the cushion of protection that employment offers though. I should imagine in your situation you would rather have that than the tax benefits of running your own company

kiskideesameanoldmother · 23/03/2008 23:32

oh, anyone got any bait? I wanna go trolling too.

VeniVidiVickiQV · 23/03/2008 23:37

Agree CD. Setting up a LTD for the dividends and paying a basic directors 500 p/m (for tax & NI purposes to keep you up to date with NI contribs) isn't worth the tax benefits over and above job security at the moment.

Would have been worth doing a year or two ago though.

KerryMum · 23/03/2008 23:41

This reply has been deleted

Message withdrawn at poster's request.

VeniVidiVickiQV · 23/03/2008 23:42

All?

KerryMum · 23/03/2008 23:43

This reply has been deleted

Message withdrawn at poster's request.

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