Would you vote for a 13.5% pay cut?

Mallotum_X

MrRee wrote: »

That's true - unless there is a fat redundancy payment and you are ready to call it a day.

12 years ago our Company was cutting the workforce - they attracted more than enough volunteers.

Everyone left with a £30,000 Lump Sum (the max allowed Tax free) and an annual compensation payment of £35,000 a year (for sitting at home) - until retirement, when their 'enhanced' Pension of 2/3rds final salary was paid out.

I kick myself for being too old at the time (61) to benefit from it, having collected my pension and still working.

blah blah blah are you still here? Does a single member of this forum think you are real? Would be great to hear from those that do...

Niv

Mallotum_X wrote: »

blah blah blah are you still here? Does a single member of this forum think you are real? Would be great to hear from those that do...

Now you know what he will do now? Thats right, go and log into his other five (or so) accounts and say they believe he is real :-)

Fella

MrRee wrote: »

12 years ago our Company was cutting the workforce - they attracted more than enough volunteers.

I kick myself for being too old at the time (61) to benefit from it, having collected my pension and still working.

So you're a 73-y-old on £1500 a day?


Are you the bloke in the Stannah adverts?

MrRee_2

I have absolutely no idea why the venom is flowing through your posts - Fella?

Maybe it is driven by jealousy or something, either way, it's very sad that you just cannot accept things as they are.

I work in an industry where knowledge is vital and in short supply .... yes, I cannot lift concrete blocks on a building site or stand at a lathe all day.

BUT, I can, and do, use my brain power and vast experience to direct the younger generation within the Company. By youngsters I mean those in their 40's and 50's - so, still older and a lot smarter than you.

Anyway, enough of your negative and repressive attitude .... back on topic please.

PasturesNew

13.5% off £25,000 still gives you a whopping £21,625.

13.5% off £12,000 gives you a paltry £10,380.

It depends what you earn to start with.

£21k = enough to cover rent/basic bills/commute/beans on toast
£10k = enough to cover rent/council tax.... nothing for bills/commute and no beans on toast.

MrRee_2

PasturesNew wrote: »

13.5% off £25,000 still gives you a whopping £21,625.

13.5% off £12,000 gives you a paltry £10,380.

It depends what you earn to start with.

£21k = enough to cover rent/basic bills/commute/beans on toast
£10k = enough to cover rent/council tax.... nothing for bills/commute and no beans on toast.

Although I wouldn't call £21,625 as whopping - I can see your point and agree with your sentiments.

Fella

MrRee wrote: »

I have absolutely no idea why the venom is flowing through your posts - Fella?

Maybe it is driven by jealousy or something, either way, it's very sad that you just cannot accept things as they are.

I work in an industry where knowledge is vital and in short supply .... yes, I cannot lift concrete blocks on a building site or stand at a lathe all day.

BUT, I can, and do, use my brain power and vast experience to direct the younger generation within the Company. By youngsters I mean those in their 40's and 50's - so, still older and a lot smarter than you.

Anyway, enough of your negative and repressive attitude .... back on topic please.

Actually it was a joke you soppy tart.

MrRee_2

Fella wrote: »

Actually it was a joke you soppy tart.

OH, OK, sorry about that .... those losers on here have made me a bit snappy - I do apologise!!

Stannah Stairlift Advert Man

Mr._Pricklepants

MrRee wrote: »

.... those losers on here have made me a bit snappy

Don't let them get to you, Mr.Ree. they're just not worth it.

Jimmy_31

MrRee wrote: »

Because my own Company invoices the Company I work for I only pay Corporation Tax at 20%, while I get paid just at the lower Tax level - so does the wife.

There are great benefits being a low paid worker (even if the Company I own is receiving £1,500 a day) .. the shareholders then get an annual payout.

My Accountant knows the details - all I know is that I don't pay much tax ..... which, looking at the PAYE staff paying more tax for much less income is a tad embarrassing, well, for a second or two anyway.

Was the wife tax deductable because you bought her off the internet ?