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20% income tax

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arsenalbob
EX ROYAL MAIL
Posts: 338
Joined: 17 Jun 2007, 15:34

20% income tax

Post by arsenalbob »

Looking at today's payslip I thought we were supposed to be getting a tax reduction from 22% to 20% but although I've been given a new tax code, I'm still paying tax at 22%. Any thoughts anyone?
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Vulcan
Posts: 87
Joined: 24 May 2007, 13:48

Re: 20% income tax

Post by Vulcan »

arsenalbob wrote:Looking at today's payslip I thought we were supposed to be getting a tax reduction from 22% to 20% but although I've been given a new tax code, I'm still paying tax at 22%. Any thoughts anyone?
You will have lost your 10% tax rate, and now pay tax at 20%. Your allowance for 10% tax rate was £2,330 (I think), so on the first £2330 after your personal allowance (£5340) you used to pay 10% tax, where as now all your wages after your personal allowance is taxed at 20%. Another STEALTH TAX from 'Bottler Brown' for the lower paid.
Happily Retired.
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TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 72626
Joined: 30 Dec 2006, 10:29
Gender: Male
Location: On my couch

Post by TrueBlueTerrier »

..... and guess whose tax bill has gone down - yep big business and millionaires.


Labour or Conservative Spot the difference I cant.

Image - its like Westland all over again


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TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 72626
Joined: 30 Dec 2006, 10:29
Gender: Male
Location: On my couch

Post by TrueBlueTerrier »

Moved to Blue Shirts
All post by me in Green are Admin Posts.
Any post in any other colour is my own responsibility.
If you like a news story I posted please click the link to show support Any news stories you can't post - PM me with a link
My sharing of news articles should not be interpreted as an endorsement or condemnation of any particular viewpoint or the issues presented. I share them solely for informational purposes.
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cobra
Posts: 21
Joined: 20 Jun 2007, 14:55

£400 bonus

Post by cobra »

Payments being paid on the 25th April providing your AGM has authorised it, apparantly there are a few issues, apparantly some AGM`s are stating that some staff are not being flexible enough so they are not authorising it.
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andy2007
Posts: 3971
Joined: 14 Sep 2007, 10:16
Gender: Male
Location: Earth

Re: £400 bonus

Post by andy2007 »

cobra wrote:Payments being paid on the 25th April providing your AGM has authorised it, apparantly there are a few issues, apparantly some AGM`s are stating that some staff are not being flexible enough so they are not authorising it.
Yep, we won't be getting the Bonus at NWRDC.
Don't knock Insanity
it's just another outlook on Reality!
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Wiltshireboy
Posts: 117
Joined: 31 Oct 2007, 18:14
Location: Tidworth Wiltshire

£400 Bonus

Post by Wiltshireboy »

We at Salisbury Plain are getting it.....apparently. ;liar Watch this space
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