New PAYE brackets

Topics covering world politics and political events. To hide this section go to your control panel and join the group "Hide Politics"
Post Reply
User avatar
Kwacky
Posts: 38538
Joined: 21 Oct 2013, 21:52
Your Bike: Brutale 800RR, 1000SX Ninja
Location: Brum
Has thanked: 4314 times
Been thanked: 8352 times

New PAYE brackets

Post by Kwacky »

Ouch
Attachments
Screenshot_20210204-184846_Chrome.jpg
User avatar
Monty
Posts: 6671
Joined: 12 Mar 2014, 07:59
Your Bike: 2010 ZX6R
Location: Buxton
Has thanked: 2092 times
Been thanked: 2412 times

Re: New PAYE brackets

Post by Monty »

Son of a **** bitch! That's just negated the TAX reduction on the company car arriving literally tomorrow morning! I **** give up!
Monty™© MCMLXXII
User avatar
Cav
Posts: 7947
Joined: 27 Oct 2015, 12:00
Your Bike: 2009 ZX6R
Has thanked: 1035 times
Been thanked: 2199 times

Re: New PAYE brackets

Post by Cav »

Doesn't take much of a payrise for me to be a higher tax payer now. Am I right in thinking the 45% rate threshold has increased?
User avatar
Kwacky
Posts: 38538
Joined: 21 Oct 2013, 21:52
Your Bike: Brutale 800RR, 1000SX Ninja
Location: Brum
Has thanked: 4314 times
Been thanked: 8352 times

Re: New PAYE brackets

Post by Kwacky »

Nope. The 45% remains the same.

That's a big tax hike for me. I'm not happy. It's going to hit a lot of people.
User avatar
Monty
Posts: 6671
Joined: 12 Mar 2014, 07:59
Your Bike: 2010 ZX6R
Location: Buxton
Has thanked: 2092 times
Been thanked: 2412 times

Re: New PAYE brackets

Post by Monty »

When did they announce this? I’ve not seen or heard anything
Monty™© MCMLXXII
User avatar
Kwacky
Posts: 38538
Joined: 21 Oct 2013, 21:52
Your Bike: Brutale 800RR, 1000SX Ninja
Location: Brum
Has thanked: 4314 times
Been thanked: 8352 times

Re: New PAYE brackets

Post by Kwacky »

They didn't. It was hidden in some papers with the spending review.
User avatar
Kwacky
Posts: 38538
Joined: 21 Oct 2013, 21:52
Your Bike: Brutale 800RR, 1000SX Ninja
Location: Brum
Has thanked: 4314 times
Been thanked: 8352 times

Re: New PAYE brackets

Post by Kwacky »

Panic over. I've just realised it's £37k over the personal allowance. Not £37k as the starting point.
User avatar
Monty
Posts: 6671
Joined: 12 Mar 2014, 07:59
Your Bike: 2010 ZX6R
Location: Buxton
Has thanked: 2092 times
Been thanked: 2412 times

Re: New PAYE brackets

Post by Monty »

Thank **** for that!
Monty™© MCMLXXII
User avatar
Monty
Posts: 6671
Joined: 12 Mar 2014, 07:59
Your Bike: 2010 ZX6R
Location: Buxton
Has thanked: 2092 times
Been thanked: 2412 times

Re: New PAYE brackets

Post by Monty »

PS You owe my dog an apology!
Monty™© MCMLXXII
User avatar
Kwacky
Posts: 38538
Joined: 21 Oct 2013, 21:52
Your Bike: Brutale 800RR, 1000SX Ninja
Location: Brum
Has thanked: 4314 times
Been thanked: 8352 times

Re: New PAYE brackets

Post by Kwacky »

I'll give it some gentle loving next time I'm over your way
User avatar
duke63
Posts: 15493
Joined: 22 Oct 2013, 07:34
Your Bike: Ducati 748/853 & Triumph Street Triple 765RS
Location: Staffordshire
Has thanked: 4170 times
Been thanked: 4124 times

Re: New PAYE brackets

Post by duke63 »

A massive £70 increase in the personal tax free allowance. :(

Wait til they start having to pay back all this free money they have been giving away for a year.

Negative interest rates imminent too according to the Bank of England.
User avatar
Monty
Posts: 6671
Joined: 12 Mar 2014, 07:59
Your Bike: 2010 ZX6R
Location: Buxton
Has thanked: 2092 times
Been thanked: 2412 times

Re: New PAYE brackets

Post by Monty »

God help anyone on a tracker mortgage, it’s going to be just like the eighties again but without the shit music.
Monty™© MCMLXXII
User avatar
Kwacky
Posts: 38538
Joined: 21 Oct 2013, 21:52
Your Bike: Brutale 800RR, 1000SX Ninja
Location: Brum
Has thanked: 4314 times
Been thanked: 8352 times

Re: New PAYE brackets

Post by Kwacky »

The 80s was magnificent for music.
Acid
Hip hop
Grunge
User avatar
Monty
Posts: 6671
Joined: 12 Mar 2014, 07:59
Your Bike: 2010 ZX6R
Location: Buxton
Has thanked: 2092 times
Been thanked: 2412 times

Re: New PAYE brackets

Post by Monty »

Kwacky wrote:I'll give it some gentle loving next time I'm over your way
You’ll be 54 quid a year better off, so you can buy me a pint while you’re here.
Monty™© MCMLXXII
User avatar
Monty
Posts: 6671
Joined: 12 Mar 2014, 07:59
Your Bike: 2010 ZX6R
Location: Buxton
Has thanked: 2092 times
Been thanked: 2412 times

Re: New PAYE brackets

Post by Monty »

Kwacky wrote:The 80s was magnificent for music.
Acid
Hip hop
Grunge
Fair point every decade does have some incredible tunes

https://youtu.be/V-1mLguIFYQ" onclick="window.open(this.href);return false;
Monty™© MCMLXXII
User avatar
Perkles
Posts: 5889
Joined: 11 Mar 2014, 21:51
Your Bike:
Location: birminghamshire
Has thanked: 2152 times
Been thanked: 1465 times

Re: New PAYE brackets

Post by Perkles »

Maddona
Pepsi and Shirlie
The cocktail twins

:D
User avatar
D41
Posts: 12923
Joined: 22 Sep 2014, 11:36
Your Bike: Triumph Daytona 650.
Has thanked: 4283 times
Been thanked: 1129 times

Re: New PAYE brackets

Post by D41 »

Pepsi and Shirlie frickin' rock. (rock) (inlove)


....And thanks - I hadn't heard them in years, I had to dig them up and give them a spin.
Post Reply