Left or Right.. politically.

[truman 10]

"its 50p taken away from every £1.00 I earn"

 

That's not true though is it. It's 50p taken away from every pound you earn over £150,000. Quite a different kettle of fish

 

Someone on 150k will lose approx 40% of their salary via tax and NI..

[sharrowman 10]

Someone on 150k will lose approx 40% of their salary via tax and NI..

 

Show me the maths

[truman 10]

Show me the maths

 

Use this http://www.thesalarycalculator.co.uk/salary.php

 

53k tax 6.5k NI

[Ms Macbeth 74]

Show me the maths

 

Here you go:

 

Salary £150000

Tax £53000

NI £6381

 

Take home just over £90k, around 60% of gross.

 

http://iknowtax.com/

[Mecky 10]

I wonder why this thread has been resurrected all of a sudden. Ah yes, the tories are losing in the opinion polls and are currently on course to a landslide defeat, so the RW bullies are here again trying to influence public opinion.

[sharrowman 10]

Some Tax code assumptions in that calculator, but I guess you're roughly right. well I never.

 

Ho hum, still 90k is not to be sniffed at, what you gonna do with another 60K!

[truman 10]

I wonder why this thread has been resurrected all of a sudden. Ah yes, the tories are losing in the opinion polls and are currently on course to a landslide defeat, so the RW bullies are here again trying to influence public opinion.

 

Looks like you're wrong with this poll

 

http://ukpollingreport.co.uk/

[truman 10]

Some Tax code assumptions in that calculator, but I guess you're roughly right. well I never.

 

Ho hum, still 90k is not to be sniffed at, what you gonna do with another 60K!

 

The tax code could make a difference either way..if the paye employee has a company car etc then it's quite possible that they'll have a negative (K) tax code which would push the tax liability up even further..

[TheGuy 10]

I wonder why this thread has been resurrected all of a sudden. Ah yes, the tories are losing in the opinion polls and are currently on course to a landslide defeat, so the RW bullies are here again trying to influence public opinion.

 

The general election is three years away isn't it??

[Mecky 10]

The general election is three years away isn't it??

 

It sure is, that's why the tories, knowing they are weak and unpopular, introduced the minimum 5 year term.

[Mecky 10]

Looks like you're wrong with this poll

 

http://ukpollingreport.co.uk/

 

Doesn't look like it, Lab 20% projection and yesterday with William Hills lab were 6-4 to win with a landslide victory. Sorry to rain on your parade and that.

[LeMaquis 10]

It sure is, that's why the tories, knowing they are weak and unpopular, introduced the minimum 5 year term.

 

That would be why Labour waited 5 years after 2005 before holding the next general election in 2010.