Page 4 | Half of DPs wages are taxed

viques · 21/04/2023 10:38

summerfinn · 21/04/2023 09:32

My DS got paid his first month of his new salary yesterday. Which was eleven thousand euro he go taxed half of that which only left us with only 5500 as his monthly pay. The tax is system is disgusting in the country I live in. Even with that wage it's difficult to get by these days with the cost of everything.

So did he not get taxed at all in his previous job? Or has he just fallen into this high paid career totally unexpectedly what with the two of you and your children having lived on air for the last however many years?

Tealsofa · 21/04/2023 10:38

converting 132k to 116k (pounds) in England

with no pension, or other deductions monthly take home should be £ 6,118.73

Tigofigo · 21/04/2023 10:38

Yes you are being stupid, or at best naive. Your DH earns over 130k!! 5k after tax with one of you at home so presumably no childcare costs is loads. Your tax rates are on a par with other European countries. Houses in many parts of Ireland are really affordable. Admittedly Dublin is expensive.

What on earth are you spending it all on? Even with 3k on housing and bills that's loads left afterwards. I agree with others, get a job if you want more income.

We take home a fair bit less between us, and still manage to go on holiday, save, pay for childcare, run a car etc. We are reasonably frugal beyond that though. And we live in one of the most expensive cities in the UK.

Blossomed · 21/04/2023 10:39

I think it’s unfair that tax is based on an individual earner and not household income. You will be paying considerably more tax than eg a family where both parents work and earn half this amount each. Staying at home and looking after children gets penalised in this way.

weirdoboelady · 21/04/2023 10:39

summerfinn · 21/04/2023 10:06

Our healthcare system is a joke we pay for private health insurance. Otherwise we would be left sitting in a chair in hospital dying to see a doctor. Our childcare is the highest in Europe. I wouldn't mind but we don't get anything good back at all.

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Don't feed the troll, people. This HAS to be a troll, surely. Posting on a UK site without realising there is no healthcare here at the moment AND we are paying for it....

I wonder if anyone has actually raised a FOI request for how many people have died in hospital chairs waiting to be seen recently....

24KaratCucumber · 21/04/2023 10:39

boobot1 · 21/04/2023 10:37

How can an adult live on 343 a month, my gas and electric is more than that a month.

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No idea but that's what unemployment of UC is.

To pay gas, electric, food, council tax, etc.
And if they live in a private rental, some of it will have to be used to top up rent.

SecretsIWouldNeverTell · 21/04/2023 10:39

summerfinn · 21/04/2023 10:27

I wouldn't consider us rich. Yes we drive a Mercedes but it's not brand new. It's a couple of years old. Maybe I am being stupid . But we don't drink or smoke or go out anywhere fancy. Our focus is on doing things with the children, buying them what they need and having our rented home comfortable with nice things we have purchased. We eat organic food but cook ourselves 99percent of the time. We haven't gone abroad since 2019 . I'm not here to rub it in . I merely think it's unfair that my DP who works in the tech industry all his life and has worked his way up is taxed that much . That's all. Money is relative

WOW. I don't even know where to START with this. We haven't been abroad since 2019 - (no big deal as no-one went anywhere for 2-3 years anyway, because pandemic!!) And we drive an old car not a new one... A TWO year old merc. And we eat organic food, but we're soooo poor with only 5500 a month to live on!!! Please help us. Please feel sorry for us.

Come off it @summerfinn You're on the wind-up!

Dyrne · 21/04/2023 10:40

If this is real OP then your actual problem sounds like it’s budgeting and making the best use of tax efficiency. You shouldn’t be struggling to go on holiday with a monthly take-home of €5K.

The reason you’re getting slated is because you’ve come across as tone deaf - there are plenty of sensible measured discussions on this forum about tax efficiency for higher earners, weighing up large mortgage vs more comfortable lifestyle etc etc. But to come into the section specifically talking about cost of living, where people are talking about benefits of sacrificing heating vs food; to moan about having a take-home that’s bigger than the average household’s pre-tax income; is so tone deaf it’s seen as goady.

KitKatLove · 21/04/2023 10:40

summerfinn · 21/04/2023 09:41

No my fiancés wage. We knew he got taxed a lot but it's a shock to see it on paper. We live in Ireland. He's the only earner in our household. We have two children and are trying to save for a house whilst renting. It's really not a lot.

I’m sure you can find some extravagance to cut back on. Start by writing down all of your expenses.
BTW 5500€ pcm is a lot.

justcantgetenough · 21/04/2023 10:41

You should count yourself lucky, your driving a 2 year old car and last went on holiday in 2019 and you consider that hardship.

Go and volunteer at a food bank and have your eyes opened. Bet you don't have to choose between food or heating or to put the electric on, your kids don't go to school hungry.

Make cut backs, sell the car and buy a cheaper one, get rid off none essentials. Post your outgoings here and be given tips on how to save more

Hungrycaterpillarsmummy · 21/04/2023 10:41

Tigofigo · 21/04/2023 10:38

Yes you are being stupid, or at best naive. Your DH earns over 130k!! 5k after tax with one of you at home so presumably no childcare costs is loads. Your tax rates are on a par with other European countries. Houses in many parts of Ireland are really affordable. Admittedly Dublin is expensive.

What on earth are you spending it all on? Even with 3k on housing and bills that's loads left afterwards. I agree with others, get a job if you want more income.

We take home a fair bit less between us, and still manage to go on holiday, save, pay for childcare, run a car etc. We are reasonably frugal beyond that though. And we live in one of the most expensive cities in the UK.

They definitely aren't spending 3k on housing and bills. They are living at her dad's paying some rent (I imagine at a lower rate than normal!)
So yeh, wtf are they spending it on? Or they are just saving every penny but it's a bit shit for her partner earning all this money and not getting to spend any of it.
She needs to get a job if they are so hard up

BlueKaftan · 21/04/2023 10:41

Here’s what you should have done. Get married, buy a house, have children. Oh and you work full time and pay your own way.

ShowUs · 21/04/2023 10:42

Tigofigo · 21/04/2023 10:38

Yes you are being stupid, or at best naive. Your DH earns over 130k!! 5k after tax with one of you at home so presumably no childcare costs is loads. Your tax rates are on a par with other European countries. Houses in many parts of Ireland are really affordable. Admittedly Dublin is expensive.

What on earth are you spending it all on? Even with 3k on housing and bills that's loads left afterwards. I agree with others, get a job if you want more income.

We take home a fair bit less between us, and still manage to go on holiday, save, pay for childcare, run a car etc. We are reasonably frugal beyond that though. And we live in one of the most expensive cities in the UK.

😳😳 that is a lot of money!!

Your household income after tax is at least double of what the majority of the UK is before tax.

If you are struggling to afford your lifestyle on that amount then you either need to cut back on your expenses or get a job yourself.

MNHQ

LivMumsnet · 21/04/2023 10:42

Hi there, @summerfinn , we've moved your thread over to the Money topic now as it seems better suited to that topic. Hope you get some useful advice there.

Silverbook · 21/04/2023 10:43

I always assume that high earners are generally intelligent then I learn that some don't have basic knowledge & skills such as a) their rate of tax b) how to budget.

transformandriseup · 21/04/2023 10:43

We are hardly going to just drop down to a lower income are we😂

Well there you go. As OPs have said you need to budget better. Yes income is relative but you still have a lot more choices with that income that the vast majority of people don't.

Hungrycaterpillarsmummy · 21/04/2023 10:43

And it's not realistic for your partner to work to 11pm a lot. He will suffer burn out then won't make any money at all!!! Don't run him into the ground.

ActDottie · 21/04/2023 10:43

Poor you how would you survive on 5,500 a month so terrible I really feel for you…

ShowUs · 21/04/2023 10:44

It’s concerning how you’re going to be able to afford to live in your own home if you struggle to manage your money now.

How old are you?
And how much did you earn before having your baby?

twistyizzy · 21/04/2023 10:44

summerfinn · 21/04/2023 10:27

I wouldn't consider us rich. Yes we drive a Mercedes but it's not brand new. It's a couple of years old. Maybe I am being stupid . But we don't drink or smoke or go out anywhere fancy. Our focus is on doing things with the children, buying them what they need and having our rented home comfortable with nice things we have purchased. We eat organic food but cook ourselves 99percent of the time. We haven't gone abroad since 2019 . I'm not here to rub it in . I merely think it's unfair that my DP who works in the tech industry all his life and has worked his way up is taxed that much . That's all. Money is relative

OP give your head a shake and stop acting like a petulant child. Your DP is a high earner. Higher earners should pay more tax as a % of their income than low earners. You sound incredibly out of touch with reality and selfish.

OKFinally · 21/04/2023 10:45

Did you both go to hedge schools, because your grasp of a fair society and taxation is rudimentary to say the least.

StrawberriesSW1 · 21/04/2023 10:46

summerfinn · 21/04/2023 09:41

No my fiancés wage. We knew he got taxed a lot but it's a shock to see it on paper. We live in Ireland. He's the only earner in our household. We have two children and are trying to save for a house whilst renting. It's really not a lot.

OP this is a mostly British site. The national pass time is romanticising poverty. It is beloved, hallowed and celebrated. You're allowed to live comfortably not because you work hard but only if you're a member of the RF (excluding H&M) or a celebrity. Everyone else is a damned commoner looking up to the government for everything, even grown adult men not on maternity or taking a step back because of their children are molly cuddled to apply for benefits etc. That's what Brits are proud of.

Mooshamoo · 21/04/2023 10:48

"Only" 5500 euro a month to live on in ireland. That's a huge amount.

Jesus christ the blindness of some rich people on here. If you earn a huge amount, fair play to you, that's good for you. But to come on and complain that it is low , when it is huge is shortsighted and absolutely ridiculous.

I earn 1800 euro a month in ireland. I get by.

Hungrycaterpillarsmummy · 21/04/2023 10:48

StrawberriesSW1 · 21/04/2023 10:46

OP this is a mostly British site. The national pass time is romanticising poverty. It is beloved, hallowed and celebrated. You're allowed to live comfortably not because you work hard but only if you're a member of the RF (excluding H&M) or a celebrity. Everyone else is a damned commoner looking up to the government for everything, even grown adult men not on maternity or taking a step back because of their children are molly cuddled to apply for benefits etc. That's what Brits are proud of.

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The fact is he was never taxed 50% because it is t a tax rate and you don't pay the higher rate until you pay the lower rate. So it's just nonsense

RobertsRadio · 21/04/2023 10:49

Oh aye Op, catch yourself on.