MSE Parents Club Part 11

BeenieCat

40% tax is outrageous IMO, let alone 50 :eek:. And that's coming from someone who's a lot of years off being affected by it!!

Sami that's good - the one admin job i had was zero prospects but i'd like to work for a bigger company and work my way up. But at the same time i hate the thought of Amber being in a nursery all day everyday while she's still so young, so i'd thought about using this time to do some college courses and a part time job...

MFD no i'd not even thought of that, it's a good idea, i shall read up

Buttonmoons

Ah well that's not so bad Bruno. They should quit taxing toothpaste and sanitary products, I think it's well out of order, they'd soon be moaning if everyone had worse teeth than they do now. Seen the price of sensodyne?

BrunoM

I actually thought VAT didn't apply to those things, BM! It has a reduced (5%?) rate for some staples and is waived entirely for 'essentials'.

ETA a quick google tells me that sanitary and maternity pads are on the reduced rate, as are children's car seats. Food, and children's clothes, are on 0%. Shrug.

Buttonmoons

I am pretty sure toothpaste is classed as a luxuary *off to google*

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: