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personal tax allowance? ??????

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
thefridge
Posts: 25
Joined: 17 Jan 2012, 11:01
Gender: Male

personal tax allowance? ??????

Post by thefridge »

Will the chancellor's higher tax allowance benefit say for instance a full time posty at royal mail?????


Can't get my head round it!!!!
mojothefishmo
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Joined: 20 Oct 2009, 19:15
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Re: personal tax allowance? ??????

Post by mojothefishmo »

Yeah id like to know too
Indy
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Re: personal tax allowance? ??????

Post by Indy »

thefridge wrote:Will the chancellor's higher tax allowance benefit say for instance a full time posty at royal mail?????


Can't get my head round it!!!!
Yes... we'll be about £200 a year better off BUT other changes might hit you say if you smoke or drink
TrueBlueTerrier
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Re: personal tax allowance? ??????

Post by TrueBlueTerrier »

thefridge wrote:Will the chancellor's higher tax allowance benefit say for instance a full time posty at royal mail?????


Can't get my head round it!!!!
Yes because it raises the amount you can earn before paying tax. This means you pay tax on less of your wage than now.


Work out how it affects you personally by using the BBC 2012 Budget Calculator.http://www.bbc.co.uk/news/business-17442946" onclick="window.open(this.href);return false;
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Judgee
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Re: personal tax allowance? ??????

Post by Judgee »

£4 a week better off.... unless you smoke, drink alcohol or drive a car then you be £10 a week worse off! :Sick
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Stormproof
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Re: personal tax allowance? ??????

Post by Stormproof »

£95 a year better off...........which is about £1.80 a week :cuppa
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DGP1
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Re: personal tax allowance? ??????

Post by DGP1 »

£400 better off, might have been more if I'd lied better :chuckle :chuckle
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mazza111
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Re: personal tax allowance? ??????

Post by mazza111 »

Remember there are some changes being made to tax credits that also may affect people
thefridge
Posts: 25
Joined: 17 Jan 2012, 11:01
Gender: Male

Re: personal tax allowance? ??????

Post by thefridge »

mazza111 wrote:Remember there are some changes being made to tax credits that also may affect people


Well that's great...you find out you could be £200 better off the find out with no child Tax credit your £550 down ffs...seems fair :vcfo :ncfo :dcfo
cazspence
Posts: 78
Joined: 05 Nov 2011, 06:28
Gender: Female
Location: Aberdeen

Re: personal tax allowance? ??????

Post by cazspence »

250 worse off. Thanks for nothin mr Osborne!
mazza111
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Re: personal tax allowance? ??????

Post by mazza111 »

thefridge wrote:
mazza111 wrote:Remember there are some changes being made to tax credits that also may affect people


Well that's great...you find out you could be £200 better off the find out with no child Tax credit your £550 down ffs...seems fair :vcfo :ncfo :dcfo

Did u really think a tory government would give the working man extra in his pocket? Nice to see the tax cut for high earners though ;liar