We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has anyone had this month's payslip (10p tax rate related)?
Comments
-
I paid £18 tax and £3 NI and usually I pay no tax so not too pleased0
-
Februarycat wrote: »I paid £18 tax and £3 NI and usually I pay no tax so not too pleased
That's nothing to do with the removal of the 10% tax band then. It's something else that has made the difference.0 -
Februarycat wrote: »I paid £18 tax and £3 NI and usually I pay no tax so not too pleased
Absoloutly nothing to do with the 10p tax rate then.
Biggest losers lose around £11pm.
Oh and i wish people would get it right, the figure is not £18500, its £15000.
Anyone that earns over £15000 will be better off.
(If you pay both NIC and IT)0 -
That's nothing to do with the removal of the 10% tax band then. It's something else that has made the difference.
I'm not sure I just presumed it was the 10p tax rate, does seem strange and we have just had our wages taken over by new accountants, I will see what happens next month.0 -
Februarycat wrote: »I'm not sure I just presumed it was the 10p tax rate, does seem strange and we have just had our wages taken over by new accountants, I will see what happens next month.
Did you use all of your taxable allowances last year? (i.e. were you earning for the whole tax year?) Sounds like that could be the most obvious answer. If so then your tax figure last year would be artifically low.
Make a list of important things to do today. At the top, put 'eat chocolate'. Now, you'll get at least one thing done today. 0 -
-
Did you use all of your taxable allowances last year? (i.e. were you earning for the whole tax year?) Sounds like that could be the most obvious answer. If so then your tax figure last year would be artifically low.
I was earning for the whole year, I work 16 hours a week, but did use to work around 12 hours.0 -
Februarycat wrote: »I was earning for the whole year, I work 16 hours a week, but did use to work around 12 hours.
Probably means that you earned under your personal allowance last year and now that you are working more hours you are due to pay some tax.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards