Pay and tax

Discussion in 'General Discussion' started by Dicky, Oct 27, 2011.

  1. Just got this months wage slip and compared against one for the same period in 2008:
    Salary - up 12% (lucky me)
    Take home pay - up 8% (why not 12 then but considering the backdrop!))
    Tax - up 19% (thats why then)
    Pension contribution - up 32% (for around 30% less and later retirement)
    National Insurance - up 9%

    Not sure what I conclude from this as some folk would say I'm doing well to have adecent job in the first place but ye makes yer bed eh!
     
  2. The Beatles - Taxman

    i think these guys nailed everyones thoughts with this track.
    you should check them out - an up and coming young liverpool band!
     
  3. Dee did doo dint de doh!
     
  4. Could be worse. That's what I say.
     
  5. I agree. Could be far, far worse. Interesting nevertheless.
     
  6. You wait till you retire. You may have got, what was it, a 12% wage rise over 2 years.
    As you are good at maths what percentage is £1.50 of £97? over 2 years cos that was my wage/pension rise
    and we still have to pay the same in utilities/mortgage/car/food bills and unless you have had the fortune in being able
    to save (which I haven't).
    At least you are better off when you are younger cos you have more chance of working, that extra job,
    who want's to employ an old-age-pensioner?
    I still have to keep my Air Cooled on the road and the only benefit i have is no road tax, but so have you.
    Me say "you are doing well but you've got to do better"
     

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