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What are you going to with your £60?

pointypenguin
pointypenguin Posts: 1,768 Forumite
in Debt-free wannabe
Hi everyone

Thanks to Gordon Brown's change of view on the 10p tax band issue (and a plan to attempt to save his career) anyone who is a normal rate tax payer will get an extra £60 in their September wage packet and then £10 every month following until March 09.

What are you going to spend your's on?
Weekly Spend Challenge: £0/£30
«1345678

Comments

  • oscar52
    oscar52 Posts: 2,272 Forumite
    I thought it was just the 60 quid? (which I had actually forgotten about)

    Will probably put it to one side to pay my car tax.
    No Longer works for MBNA as of August 2010 - redundancy money will be nice though.

    Proud to be a Friend of Niddy.
    no idea what my nerdnumber is - i am now officially nerd 229, no idea on my debt free date
  • Gemmzie
    Gemmzie Posts: 14,876 Forumite
    Off the cards :j
    No longer using this account for new posts from 2013
  • chaossaver
    chaossaver Posts: 52 Forumite
    Hi, sorry, I if am being a little slow here but I don't know about this? Is this everyone? How do you know if it's you?
    Total debt 30/08/08 £21,806.91 :eek: I'm proud to have finally woken up and be starting to deal with it. DFD: June 2013
    Total debt 30/01/11 £10,586 :D Still going!
    New DFD March 2012!!! :j
    7th November 2011 - I AM NOW DEBT FREE!!! :beer:
  • cady
    cady Posts: 668 Forumite
    ive never even heard of it but wow that totally makes it all worth while £10 whole pounds a month that will pay the mortgage for sure lol
  • oscar52
    oscar52 Posts: 2,272 Forumite
    chaossaver wrote: »
    Hi, sorry, I if am being a little slow here but I don't know about this? Is this everyone? How do you know if it's you?

    everyone that lost out when the 10p tax band was scrapped and everyone lost money.
    No Longer works for MBNA as of August 2010 - redundancy money will be nice though.

    Proud to be a Friend of Niddy.
    no idea what my nerdnumber is - i am now officially nerd 229, no idea on my debt free date
  • Gemmzie
    Gemmzie Posts: 14,876 Forumite
    oscar52 wrote: »
    everyone that lost out when the 10p tax band was scrapped and everyone lost money.

    I don't think it is everyone, it's only normal rate tax payers, not high rate payers I thought :confused:
    No longer using this account for new posts from 2013
  • oscar52
    oscar52 Posts: 2,272 Forumite
    i didnt think many from the higher tax bands actually lost out - maybe wrong like, was quite a while ago
    No Longer works for MBNA as of August 2010 - redundancy money will be nice though.

    Proud to be a Friend of Niddy.
    no idea what my nerdnumber is - i am now officially nerd 229, no idea on my debt free date
  • pointypenguin
    pointypenguin Posts: 1,768 Forumite
    have a look here, it is all explained

    http://forums.moneysavingexpert.com/showthread.html?t=806351


    "For all basic-rate taxpayers who earn above £6,035 the impact is a £120 gain and it will be backdated to the 6 April start of the tax year. This money will go straight into people's pay, with £60 extra coming in September, and an increase of £10 per month for the rest of the financial year until next April."
    Weekly Spend Challenge: £0/£30
  • pointypenguin
    pointypenguin Posts: 1,768 Forumite
    cady wrote: »
    ive never even heard of it but wow that totally makes it all worth while £10 whole pounds a month that will pay the mortgage for sure lol

    well I would rather £10 in my pocket than in Gordon's:D
    Weekly Spend Challenge: £0/£30
  • BridgetJones_2
    BridgetJones_2 Posts: 155 Forumite
    Oo thanks for the reminder! :D

    It's all going straight to the credit card!!
    The only thing worse than smug married couple; lots of smug married couples.
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