General Discussions

**PeterLancs** · 08-14-2006, 08:00 AM

Hey guess what.... I got a rise of.... £10 per week!! :yes: :thumbup:

*Opens Wage Slip*

Paye Tax: 21.00
National Insurance 13.03

Total Deductions

41.03

i gets paid £10 more and more tax is deducted so in theory im earning LESS than i was before, twits!! < i can think of sommat better to say but

soo unhappy!!

**Plugin-Developer** · 08-14-2006, 08:18 AM

Hahaha, isn't that unfortunate? What happened to cause that? Did you go from one tax bracket to the next higher one? Does UK have a progressive tax structure, I'm not familiar with it.

-Nick

**PeterLancs** · 08-14-2006, 08:44 AM

yeah the higher you earn the more you pay think i went over by 10 pence (few cent) lol and its deducted more

**imported_Luke** · 08-14-2006, 08:46 AM

**** thats really unlucky mate, my current employer gave me less of a pay rise once due to the same kind of thing happening.

**Vi5** · 08-14-2006, 10:19 AM

Quote:

Originally Posted by PeterLancs

yeah the higher you earn the more you pay think i went over by 10 pence (few cent) lol and its deducted more

That's not how it works.

Let's say you earn 60k/yr.

The first bracket (say it's at 30k/yr and 20%) will be taxed 6000.

The second bracket (say it's at 50k/yr and 30%) will be taxed 6000 aswell.

Only the money that is in that bracket gets taxed.

**PeterLancs** · 08-14-2006, 10:23 AM

i dont think so

**katzeaugen** · 08-14-2006, 07:17 PM

Or you get a paltry 3% payrise, which in theory keeps you up to date with the rise in living expenses, but you find your council tax went up by 12%, everything else has gone up and in reality you're earning less than before!

**imported_Koz** · 08-15-2006, 04:20 AM

Can't you tell your employer to give you a good increase (so you get more out) or to keep it. PeterLancs - maybe you can ask for a reduction? That should make your boss happy!

**wildman** · 08-15-2006, 04:36 AM

Hey, maybe you can ask your boss to demote you. Less pay more money!
But the truth is never be afraid to take more money. You will never fall into a higher tax bracket. You would have to be making so much money for something like that to happen and if you were making that much money your boss wouldn't be offering a measly 10 dollars a week, (which is about 2 bucks a day, or 25 cents an hour.) Anyway, you're tax return will be larger, so smile..... It's all good.