#6

Trump’s so called “historical tax cut” has had ZERO effect on me.

Fuck that guy. I will NOT get fooled again.

#7

Sugar tax will probably hit me hard

#8

I overpaid PAYE tax last year by the tune of 4-5,000 so looking forward to sorting a tax rebate out in a few weeks

#9

Well in the balance between extra pension contributions and the raising of the student loan baseline, I may well maintain a status quo. Exciting!

1 Like
#10

celebrated the sugar tax by eating some jelly beans.

2 Likes
#11

do they take effect now then (now then)? haven’t actually checked to see how I’m affected. FISCAL EXCITEMENT!

#12

They are IN PLACE.

#13

oh right. can I PM you my NI number and you let me know what difference it makes please

#14

Just checked my HMRC account and somehow I’m 22p in credit

Only £[redacted] minus 22p to pay by the end of July then

2 Likes
#15

Gonna do my tax return, gonna be fucking wicked

1 Like
#16

Fucking hell, that 45% rate is miles off.

I’m going to have to think of a more creative way to pay more tax.

#17

Assuming you’re on the normal tax code, you’re now taxed as follows:

£0 - £11,850 = 0%
£11,851 - £13,850 = 19%
£13,851 - £14,150 = 20%
£14,151 - £43,730 = 21%
£43,731 - £100,000 = 41%
£100,001 - £123,700 = 61.5%
£123,701 - £150,000 = 41%
£150,001+ = 46%

!

#18

used this

to establish that between my wife and I the net difference will be minimal! YAY!

1 Like
#19

Right, not to labour the point here, but the budget calculator says I’d be £20 a month better off next year if my salary was the same.

Why the fuck are people who get paid too much already getting a tax cut?! Fuck off, Tories.

#20

If you buy £50 worth of fags a month then you’ll be giving that £20 back to the govt.

1 Like
#21

A win-win!

#22

I accidentally logged into my government profile thing yesterday while trying to do something else and it said I’d underpaid tax last year by like £250. Do I need to do anything with that or will they just add it on to the tax I’m currently paying?

#23

Add it on

#24

Back of the net!

#25

Got just over €400 taxback from Revenue earlier this year. Spent it all on pints and records. Felt good.

1 Like