MSE Parents Club Part 11

Jakesmummy

Sami, do you think maybe they've carried on giving you the childcare element? could poss explain the high payments of wtc but not sure as ive never claimed the childcare element, eek hope you manage to get it sorted though

Buttonmoons

Ok this is from 2006 but still - But it pointed out that there were still anomalies in the VAT system. Chocolate body paint, for instance, remained zero rated for VAT, while toothpaste attracted the full 17.5pc rate.

tarajayne

P!!!!s me off when he gets a Xmas Bonus for extra hours (unpaid) and exceeding savings on jobs as we loose 40% of it straight away. I always imagine the MP's on Xmas Eve raising a glass to him in thanks for their extra drink at the bar!

And the car that we have to have for his job counts as an extra 10k in income, which it flippen isn't!

DD2 started at almost 17 years old on £40 week apprenticeship. She did all her courses in half the time working on them each evening, by 20 she was on £17k as she applied for promotion after promotion!

Buttonmoons

So the gist of this people is, get down to Ann Summers and start brushing your teeth with the body paint and ditch the colgate :cool:

tarajayne

Buttonmoons wrote: »

So the gist of this people is, get down to Ann Summers and start brushing your teeth with the body paint and ditch the colgate :cool:

:rotfl::rotfl::rotfl:

never-in-doubt

BrunoM wrote: »

Bear in mind it's tiers - the 50% rate only applies to earnings above £150k - so if you earned £150,001, under the new scheme you'd pay out 10p more than you did under the previous. If you earned £200k, you'd pay out £5k more than you did on the previous.

Yes, entirely agree..... for the last year, I was for example, paying normal rate upto the £37k mark and then the extra £30k was rated at the higher amount, so like 2 incomes if you think along those lines.....

Its horrific though - that the workers are expected to fund the idle!

We need a revolution! Fidel Castro, anyone, anyone.......? :eek:

Buttonmoons

tarajayne wrote: »

P!!!!s me off when he gets a Xmas Bonus for extra hours (unpaid) and exceeding savings on jobs as we loose 40% of it straight away. I always imagine the MP's on Xmas Eve raising a glass to him in thanks for their extra drink at the bar!

And the car that we have to have for his job counts as an extra 10k in income, which it flippen isn't!

DD2 started at almost 17 years old on £40 week apprenticeship. She did all her courses in half the time working on them each evening, by 20 she was on £17k as she applied for promotion after promotion!

What do you mean a car you have to have? You mean his work gives him the car and they add 10k to your income :eek: God, you don't get nowt in life for free anymore do you!!! We should all be more like the French and just protest about everything. We shall ditch our bras, and stop shaving our pits, make some jazzy signposts and sing cumbiya (erm SP) until they ditch the VAT on gingerbread man with more than 2 chocolate drops :cool:

Krystaltips

You would think car seats would be 0%VAT seeing as they're the law?!

elle_gee

I see you're back on fine form tonight, Buttons.. :rotfl:

never-in-doubt

Buttonmoons wrote: »

What do you mean a car you have to have? You mean his work gives him the car and they add 10k to your income :eek: God, you don't get nowt in life for free anymore do you!!! We should all be more like the French and just protest about everything. We shall ditch our bras, and stop shaving our pits, make some jazzy signposts and sing cumbiya (erm SP) until they ditch the VAT on gingerbread man with more than 2 chocolate drops :cool:

Company cars are rated quite correctly in my opinion, at the end of the day you're getting a car out of it and should rightly be taxed accordingly, as it is a benefit and benefits (like overtime) should be taxed.

See this: http://www.hmrc.gov.uk/calcs/cars.htm or changes here: http://www.hmrc.gov.uk/cars/rule-changes.htm

The easiest option is to pick a cheaper car from the pool cars and let the employer pay you (the difference) from your allocation of vehicle "cost" and the cheaper model.