2006 Budget - Am i better off?

benedictadams

Hi everyone

Last year the BBC had a budget calculator so you could work out if Gordon had ripped you off or not

This year i can't seem to locate one

Does anyone know any site that i can work it out?

Many thanks

Ben

emg

never posted a link before so hope this works, this links to a thread on the tax board (hopefully!)

http://forums.moneysavingexpert.com/showthread.html?p=1825328#post1825328

moozie_2

Thank you emg. The mink worked fine and I am now waiting for my password for the Tax Central website so I can see how I/we are affected :rolleyes:

lynzpower

im £45 a year better off. lol cant see me noticing that. Better than nothing I have to say and certainly better than a rise!

D&DD

Theres a link on the bbc site I was on it earlier will try to find it for you I'm 17p a week up woohoo

meanmachine_2

All workers should be a bit better off as the personal allowance on income tax and nat ins was raised by 3%.

That means you get a bit more of your salary back, tax free (around 12 quid a month on the average wage).

D&DD

http://news.bbc.co.uk/1/shared/spl/hi/uk/05/budget/ready_reckoner/html/calculator.stm
Hope this works!

meanmachine_2

That calculator's from 2005. I can't find the 2006 one. To be honest, so little was changed, it really isn't worth inputting your figures.

Alleycat

Yay :j we're £116.56 per year better off! Don't really understand what it all means though as I haven't seen/heard all of Gordon's budget proposals.

Quick question from a really stupid and tired me, can anyone provide an idiots guide to the paying less tax and national insurance bit?

Edit to add: Meanmachine just said it, thanks! So does that mean that when I get my £778 pay and once my childcare vouchers are deducted they will deduct less tax and national insurance?

D&DD

meanmachine wrote:

That calculator's from 2005. I can't find the 2006 one. To be honest, so little was changed, it really isn't worth inputting your figures.

Ooops its been a busy week sorry :rotfl:

paintygirl

£9.58 up over the year. Hoorah!