just to be nosey (with all the budget talk...) BUT how much a month does £150k a year get you?

[ssd]

not that its a great concern of mine, I'm on minimum wage and there isn't any chance of getting £15k never mind adding the zero at the end............

but I'm baffled, how much would you get at the end of the month if you earn £150 per annum?

shitloads

8 grand after tax? ish

someone did a formula on on of the other threads but its so long i cant be arsed

Probably about 8K

Yearly Monthly Weekly Daily*
Gross Income £150,000.00 £12,500.00 £2,884.62 £576.92
Taxable Income £143,525.00 £11,960.42 £2,760.10 £552.02
Tax £49,930.00 £4,160.83 £960.19 £192.04
National Insurance £5,259.60 £438.30 £101.15 £20.23
Student Loan £0.00 £0.00 £0.00 £0.00
Take Home £94,810.40 £7,900.87 £1,823.28 £364.66
2008 values £94,470.60 £7,872.55 £1,816.74 £363.35

or 7,900.87p (if that table didn;t work!)

About 8.200 i think

If you have no taxable benefits (which is unlilkely @ 150K) and no pension deductions, you'll get £7,872.32

If you have 5% for pension and 20K car allowance, you'd get 7,205.24.

et voila.

Alternatively, if you follow the example of some one I knew, you would get 150,000/12 = 12,500. The only frog in the soup was his subsequent jail sentence (and with any luck an enornous, hairy arsed cell-mate that fancies him).

correction, after pension net salary would drop to a pathetic £6,580.

pmsl WMFK

Use this which works it out for you.

Obviously put in the right amount first!
2nd attempt

Perhaps we should start a MN collection for all those who are suffering?

About £7000 a month

shame, only 7k a month. how do they get to the end of the month... bets its beans on toast every night.

so why are they moaning about the new tax rate? whats the old one?

well thats about 7 times what we have to live on per month!

sometimes, people really do need the money they ear, however ridiculous that idea seems.

we are a higher earnign household, and yes, sometimes at the end of the month we end up eating beans on toast, or one-pot wonders using up the store cupboard stuff lurking around.

why? because dd1 is at a specialist school, which costs us £80 per session (3 hours)

not to mention her SALT, and OT, and ABA tutors etc (all therapies she needs just to be able to function in life)

all of the above we should be able to get help for - after all, it's basic health and education stuff, but we don't. And won't without a mighty legal fight, which will cost more ££.

Not everyone with a higher income just sits around counting piles of cash.

Presumably though Silverfrog, there are other children like your dd, who's parents don't have a bean?

presumably there are. portofino. I am not ure what your point is, beyond the fact that they too should get the help they need.

I really shouldn't have posted, but the continual "people who have money shouldn't moan, after all, they have nothing to moan about" posts are getting to me a little.

We have money. we are lucky to be able to afford what dd1 needs (for now), although it leaves us little to live on, at times.

I was just posting an alternative viewpoint to all the "£7k a month! what on earth could that be spent on?!" posts.

yes there probably are portofino, isn't it sad that parents have a choice of
a; spending shitloads to get their SN child the right care
b; spending shitloads on going through a legal fight to get their SN child the right care
or c; not being able to spend shitloads and having no chance of getting the right care.

I find it odd that so many begrudge people earning a high salary. Having loads of dosh each month isn't an automatic pass to a fab life, nor is it a reason to be quite so rude about people who do. I popped in earlier and saw some of the threads and thought it was really quite sad that so many people on here think it's ok to be really rather bitchy about someone based on their household income.

Why shouldn't someone have a moan about a tax increase? It doesn't matter whether or not that person is earning squillions or ten pence, a tax increase is a pisser whatever your income is.

Sorry, my post wasn't directed in it's entirety at portofino. The rest of it was a comment in general about this and the other threads on mumsnet today.

7K a month is not much when they blow the lot on 12 weekends away at Babington House, The Grove etc at 2K a weekend. 24K gone.

Then there will be ski-ing at about 5K once a year.

Winter Holiday to Bora Bora 14K

Summer Holiday in South of France Villa 10K

Shit I've just spent 53K on holidays. Not including spending money.

yes, hf, because all those people who earn loads don't actually have a life - you know, on hich has implications, such as a SN child, or a seriously ill relative who isn't receiving the care they should be...

no, all they do is sit around, count pots of cash, and go away on holiday.

what a warped 2 dmensional view of the world you have.