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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To reduce hours when labour win election

877 replies

Parttimeplay · 24/05/2024 01:40

I fall into the “60%” tax bracket. With the upcoming elections and knowing the government always hammer the middle ground….woudlnt it make more sense for me to cut my hours for a more relaxed life, eligibility for childcare, reduced tax?

OP posts:
Thread gallery
24
horseyhorsey17 · 24/05/2024 14:40

PrincessTeaSet · 24/05/2024 14:19

Of course - do what's best for you. No one works more than they need to just so they can pay more tax (20% tax payer here)

Not that anyone paying the 60% tax rate is 'middle ground' considering that's about 1% of earners in the UK.

horseyhorsey17 · 24/05/2024 14:43

wombat15 · 24/05/2024 14:09

There are certainly people online who seem really over the top regarding tuition but their children often don't get in. The parents who are over the top are usually that way because they know their children aren't that academic and don't have a good chance. If their child gets in they probably would have done anyway.

I know how much my DC did with regard to tutoring which wasn't a lot. I doubt their friends who were at grammar school with them lied about how much they did. Why would they? Why would I lie on an anonymous forum?

Also, from reading this thread: starting to wonder why we'd use taxpayers' money to pay for kids to get an elite education at grammar school (or indeed at private schools, seeing as they currently have charitable status), only for this educated elite to threaten to move abroad if they have to pay taxes themselves. Makes more sense paying for everyone to have a fair and decent state education if we actually want economic growth in this country.

wombat15 · 24/05/2024 14:47

horseyhorsey17 · 24/05/2024 14:43

Also, from reading this thread: starting to wonder why we'd use taxpayers' money to pay for kids to get an elite education at grammar school (or indeed at private schools, seeing as they currently have charitable status), only for this educated elite to threaten to move abroad if they have to pay taxes themselves. Makes more sense paying for everyone to have a fair and decent state education if we actually want economic growth in this country.

True although I don't think the education at grammar schools is better than comprehensive. The teachers are ni better and the class sizes can be huge especially at 6th form.

sulkingsock · 24/05/2024 15:05

Op i could be you. Its such a joke.

sulkingsock · 24/05/2024 15:14

Parttimeplay · 24/05/2024 03:34

@MikeRafone I disagree that it’s detrimental and that’s an outdated view. I would also think at that salary level a break will not be career altering

This is completely true. I earn 3 x that - took a 6 year break had one year earning slightly less than before and now earn more than ever. This idea that women have to stay at work for their career is ridiculous and misogynistic.

Op i completely understand. If i could just earn my salary at a standard 40% tax rate i could pay the private school fees easily. Instead they want to make it 20% more expensive.

I worked 100 hours last week. That's why i have a higher salary.

Polishedshoesalways · 24/05/2024 15:22

horseyhorsey17 · 24/05/2024 14:43

Also, from reading this thread: starting to wonder why we'd use taxpayers' money to pay for kids to get an elite education at grammar school (or indeed at private schools, seeing as they currently have charitable status), only for this educated elite to threaten to move abroad if they have to pay taxes themselves. Makes more sense paying for everyone to have a fair and decent state education if we actually want economic growth in this country.

We already pay for everyone to receive a fair and decent education! What do you think happens now?!

horseyhorsey17 · 24/05/2024 15:25

Polishedshoesalways · 24/05/2024 15:22

We already pay for everyone to receive a fair and decent education! What do you think happens now?!

The majority of people don't get a fair or decent education. Our state schools try their best but most of them have too many pupils, too few staff, and nowhere near enough money. That's one of the reasons why productivity has stalled and we have no economic growth.

horseyhorsey17 · 24/05/2024 15:28

sulkingsock · 24/05/2024 15:14

This is completely true. I earn 3 x that - took a 6 year break had one year earning slightly less than before and now earn more than ever. This idea that women have to stay at work for their career is ridiculous and misogynistic.

Op i completely understand. If i could just earn my salary at a standard 40% tax rate i could pay the private school fees easily. Instead they want to make it 20% more expensive.

I worked 100 hours last week. That's why i have a higher salary.

There isn't a correlation between high earners and the amount of hours worked. That might be true for you (although I somehow doubt you're a cleaner or a nurse) but it's not the truth generally.

IClaudine · 24/05/2024 15:35

sulkingsock · 24/05/2024 15:14

This is completely true. I earn 3 x that - took a 6 year break had one year earning slightly less than before and now earn more than ever. This idea that women have to stay at work for their career is ridiculous and misogynistic.

Op i completely understand. If i could just earn my salary at a standard 40% tax rate i could pay the private school fees easily. Instead they want to make it 20% more expensive.

I worked 100 hours last week. That's why i have a higher salary.

Hard work is not always rewarded by a commensurate salary. Many, many people work just as hard as you for a lot less.

IClaudine · 24/05/2024 15:36

Cross post with horsey

BIossomtoes · 24/05/2024 15:39

IClaudine · 24/05/2024 15:35

Hard work is not always rewarded by a commensurate salary. Many, many people work just as hard as you for a lot less.

Exactly. Many people on zero hours contracts work 100 hours a week.

PrincessTeaSet · 24/05/2024 16:04

80smonster · 24/05/2024 11:06

That’s precisely what Labour plans to do. Other than being slightly dismayed that self-funding has been taken amiss, most private school parents are genuinely concerned that grammar schools places that currently only serve 8.1% of kids from disadvantaged backgrounds, will be pushed out of reach for those who deserve them most. Kids who have never been coached, will be pitched against others who’ve been prepped for common entrance exams since they were 7. It’s fundamentally unfair for all involved and will push grammar places out of reach for those at the bottom. This is likely to make socioeconomic commuting much less easy, so will not create a more equal society, which is the very issue it sets out to address. Essentially the inequity in education is about to get much worse, as you watch the middle classes duck and swerve to create better odds for their kids. Shame on successive UK governments for making such a shambles of it. Sadly, taxing the super rich is what is required to underpin a series of very poor decisions made by both the Tory and Labour parties, they both fucking suck.

Edited

Ha ha! The illogicality of this is quite hilarious!

Are you saying people should vote Tory because vat on private schools will disadvantage poor children?

Do you know anything at all about the effects of years of Tory austerity on the poor?

Plus the idea that private school parents are mainly worried about the poor disadvantaged children....

PrincessTeaSet · 24/05/2024 16:07

horseyhorsey17 · 24/05/2024 15:28

There isn't a correlation between high earners and the amount of hours worked. That might be true for you (although I somehow doubt you're a cleaner or a nurse) but it's not the truth generally.

There has to be surely. If 40 hours earns 25k, 100 hours earns 62.5k. The difference between a low salary and a high one

BIossomtoes · 24/05/2024 16:22

PrincessTeaSet · 24/05/2024 16:07

There has to be surely. If 40 hours earns 25k, 100 hours earns 62.5k. The difference between a low salary and a high one

People on high salaries tend not to be paid hourly.

EarthlyNightshade · 24/05/2024 16:23

80smonster · 24/05/2024 11:06

That’s precisely what Labour plans to do. Other than being slightly dismayed that self-funding has been taken amiss, most private school parents are genuinely concerned that grammar schools places that currently only serve 8.1% of kids from disadvantaged backgrounds, will be pushed out of reach for those who deserve them most. Kids who have never been coached, will be pitched against others who’ve been prepped for common entrance exams since they were 7. It’s fundamentally unfair for all involved and will push grammar places out of reach for those at the bottom. This is likely to make socioeconomic commuting much less easy, so will not create a more equal society, which is the very issue it sets out to address. Essentially the inequity in education is about to get much worse, as you watch the middle classes duck and swerve to create better odds for their kids. Shame on successive UK governments for making such a shambles of it. Sadly, taxing the super rich is what is required to underpin a series of very poor decisions made by both the Tory and Labour parties, they both fucking suck.

Edited

If private school parents are genuinely concerned about grammar school inequality, then presumably they won't try to take places off the more disadvantaged children by coaching their children.
That could be a real win win.

frankentall · 24/05/2024 16:24

PrincessTeaSet · 24/05/2024 16:07

There has to be surely. If 40 hours earns 25k, 100 hours earns 62.5k. The difference between a low salary and a high one

Ridiculous over-simplification. If everyone on £25 could make 62.5k by working 100 hours, lots would do it.
There are so many variables.

Otherstories2002 · 24/05/2024 16:25

We increased pension when in the 60% window. We also both continued to climb the ladder and have surpassed the magic number.

EasternStandard · 24/05/2024 16:25

EarthlyNightshade · 24/05/2024 16:23

If private school parents are genuinely concerned about grammar school inequality, then presumably they won't try to take places off the more disadvantaged children by coaching their children.
That could be a real win win.

If a policy ends in behaviour that isn’t wanted you’re probably better off to look at whether the policy is a good idea, rather than hope people won’t use extra funds to secure places.

wombat15 · 24/05/2024 16:34

Mia85 · 24/05/2024 13:03

Yes that's right. Well to be more precise they stopped plans to retire when Jeremy Hunt's changes were announced (some actually had and withdrew their resignations), have been putting quite a bit in pensions in the time since and have now been advised to retire before the LTA comes back. Some are intending to come back and do some hours as a consultant. They want to crystallise the pension now on the assumption that the LTA calculation won't be retrospective to include pension amounts that were crystallised when the LTA was not in operation. Depending on how you take it it's a 55% tax on amounts above the LTA.

It will be interesting to see of their is a mass exodus of nhs consultants in the next month. I doubt it.

Changedforthetoday · 24/05/2024 16:40

You’re worried about your kids schooling fees - stop to consider if one of your family is seriously ill (I don’t wish that on anyone). Continued Tory rule might help you in one way but don’t ever get sick as the money you’ve saved on the VAT not being added to private schooling will quickly get p**d up the wall when you’re paying for your private healthcare because the tories have ruined the NHS.

Reduce your hours, do what suits you so you take your salary under the 100k mark to pay less tax and make life easier for yourself which is absolutely fine - but whatever you do don’t vote for the tories who will ruin lives for the people unlike you who can’t afford to cut their hours so they pay less tax and still be able to pay the bills and feed their kids.

80smonster · 24/05/2024 16:44

PrincessTeaSet · 24/05/2024 16:04

Ha ha! The illogicality of this is quite hilarious!

Are you saying people should vote Tory because vat on private schools will disadvantage poor children?

Do you know anything at all about the effects of years of Tory austerity on the poor?

Plus the idea that private school parents are mainly worried about the poor disadvantaged children....

No. Quite the opposite in fact. I’m saying voting Labour, because you think their VAT policy will address the inequalities in education - is entirely unsubstantiated. Your assumption that private school parents are all Tory voters (me neither) is bizarre. This is a very complicated socioeconomic issue and yourself and others are struggling to fully see the full picture. How dire this will be entirely depends on how robust your local state and grammar schools are and if they have space to expand, to keep pace with new applicants.

wombat15 · 24/05/2024 17:08

80smonster · 24/05/2024 16:44

No. Quite the opposite in fact. I’m saying voting Labour, because you think their VAT policy will address the inequalities in education - is entirely unsubstantiated. Your assumption that private school parents are all Tory voters (me neither) is bizarre. This is a very complicated socioeconomic issue and yourself and others are struggling to fully see the full picture. How dire this will be entirely depends on how robust your local state and grammar schools are and if they have space to expand, to keep pace with new applicants.

Nobody thinks it will entirely address all the inequalities in education. It may help if more middle class people send their children to state schools as a result though. If they decide to stay in private it will raise money.

wombat15 · 24/05/2024 17:11

Changedforthetoday · 24/05/2024 16:40

You’re worried about your kids schooling fees - stop to consider if one of your family is seriously ill (I don’t wish that on anyone). Continued Tory rule might help you in one way but don’t ever get sick as the money you’ve saved on the VAT not being added to private schooling will quickly get p**d up the wall when you’re paying for your private healthcare because the tories have ruined the NHS.

Reduce your hours, do what suits you so you take your salary under the 100k mark to pay less tax and make life easier for yourself which is absolutely fine - but whatever you do don’t vote for the tories who will ruin lives for the people unlike you who can’t afford to cut their hours so they pay less tax and still be able to pay the bills and feed their kids.

Edited

Yes, and even they do have private health care it won't help in an emergency. if anyone needs an ambulance because they are having a heart attack they can forget it at the moment thanks to the Tories.

Changedforthetoday · 24/05/2024 17:14

wombat15 · 24/05/2024 17:11

Yes, and even they do have private health care it won't help in an emergency. if anyone needs an ambulance because they are having a heart attack they can forget it at the moment thanks to the Tories.

Exactly! I just pray to his the country does the right thing on 4th July and gets rid of the tories.

I don’t think emotionally I can cope if they don’t.

GasPanic · 24/05/2024 17:21

I would have thought evaluating whether work is worthwhile is something you do all the time. Not just because "Labour might get in".

I mean if they do get it and it becomes not worthwhile then you pack it in.

But until they actually get in and start implementing policy how does anyone know what is going to happen and how that might affect their willingness to work ?

I mean even at the manifesto stage the policies are often spoken about only in general terms, so until they actually get in and until they actually do something that makes your job less worthwhile then probably best to carry on as is.