To reduce hours when labour win election

[Parttimeplay]

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, I have brilliant news for you. You do not need our permission to make this decision. You can crack on and do it.

On the less positive side though, it does seem as though you are pretending to ask AIBU to do this, in order to moan about how hard life is as a high earner, and slag off the Labour party, a stealth whine basically. Which is very unreasonable of you.

Who do you think ought to be paying taxes? Because the Tories aren't exactly taxing the super rich either. What's your alternative, or is it genuinely "I don't care who pays as long as it isn't me?"

Incidentally, there are other ways of measuring how "decent" a career is, rather than solely how much it pays 🙄. And 60% tax band is not "the middle ground" 😖

Good for you!! I wish more people would stand up to companies like this. I hope you get the outcome you deserve.

Just don’t read the threads.

@mrsdineen2 Thank you for explaining that! So there's roughly a bracket of say £100k - £105k where people are actually worse off than those earning £99.9k (depending how many children they have in childcare) - is that about right?

That's crap and illogical. Although such people are still in a relatively advantageous position because they (a) earn a good amount and (b) have choices like reducing hours/paying more into pensions. Having to make choices and prioritise is what people being paid poverty wages for hard jobs are frequently told to do...

A lot of this does seem to rest on disappointment about the lifestyle you can now afford on £100k, which has dramatically reduced.

The other way is to pay more into your pension if you can salary sacrifice it, I pay 30% at the moment but now have property income in my name so I’ll have to up that amount otherwise that will all be taxed at a high amount too!

And no we actually aren’t wealthy on the ground, when you pay so much train to work and on care (for toddler and elderly), cleaner, gardener as you have no time to do any of these things yourself then I think I don’t actually get a net salary! We drive a 6 year old be polo too (shared car).

but again, it’s our full time long hour jobs or nothing according to my employer!!!

im not superwoman, I can’t do it all

I shouldn't eat the biscuits either, but alas <jiggles belly>

That's the fun thing, the Conservative and Unionist Party have also refused to increase that £100k limit despite a decade of inflation.

So they target more and more of the middle class every year.

That doesn't make any sense - I thought higher paid workers were supposed to be the bright ones? Or does he work for the Post Office?

Why? Do you not want the NHS and Welfare State properly funded? An end to profiteering private energy companies? An end to the austerity that has blighted lives across the country?

That was my first thought too, what an odd comment.
I‘m pretty sure our nearest private school is less than £2000/ month.

OP - are you saying that after 14 years of Tory leadership you are unhappy with your life and now, when change is likely, you are expecting to be unhappy with your life in new and interesting ways?

It's not politics, it's you.

I think you and your family should do whatever works best for you. Everyone else will do likewise. Politicians, if they have any sense, will develop policies that align the interests of individuals and businesses with the country’s.

Wrong thread

I think that this one message the Tories may like to fly but it just won't. That and the message "14 more years". Just done an AI query which says approximately 336,000 people are already caught in this "60% tax trap" each year.I hazard a guess the vast majority vote Tory so I wouldn't think this will appear in any electioneering. Anyway it's happening already so it's not somthing new. The Tories only care about the super rich and getting elected so they can loot the system. They have been very good at that sadly.

I honestly don't understand the idea that labour is the issue here - I am in a very high tax bracket and it's been the tories that have set my tax for most of my professional life. Why haven't they raised all the thresholds in line with inflation, why have they introduced this ridiculous 100 - 125k place where you are worse off? How is this Labour's fault?!

Op you pretty much are GE fodder for who is going to fund stuff. If you feel like a useful prop it’s because you are one atm

A better way to tax is to not cause behaviour change or just opting out altogether. I would say Blair got that and we haven’t seen this kind of approach for a while. It’ll be interesting to see how many do just quietly change or opt out.

The 60% marginal tax bracket is ridiculous but not many jobs at that level will let you go part time.

If you can't go part time then put it in your pension same result.

A better way to tax is to not cause behaviour change or just opting out altogether. I would say Blair got that and we haven’t seen this kind of approach for a while. It’ll be interesting to see how many do just quietly change or opt out

Why aren't we seeing that now do you think though?

And yes the 100k threshold was I produced years ago and hasn't been increased at all. It's literally a cliff edge.

The economy is going to be screwed under Labour again.

Is that you Nigel? I heard you weren't standing. Nice you're dressing it up as retirement instead of cowardice.

Anyone who uses "woke" as part of any argument is a pure fanny.

Are you proud of your post? Fanny is a nasty misogynistic term, and Nigel who?! So utterly lame, barely worth a response.

I was beginning to be a bit miffed that as a Labour Party member I hadn't seen the manifesto before other people.

There seem to be a lot of posts at the moment where people want to reduce their hours and pay less tax. Are we all supposed to think that would be terrible and vote for the Tories?

If reducing your hours is what you want to do, do it. Your employer will probably try and make you do the same amount of work for the lower pay but maybe you will be happier and no doubt so will your employer. If the job requires a full time work they will probably manage you out and get someone else to do the job. You will probably struggle to get a promotion in the future but someone else will get it so it so no impact on tax.