Topic: | Re:Re:Annual Tax Summary | |
Posted by: | Alan Sherman | |
Date/Time: | 19/11/14 17:34:00 |
I'd like to see more graphs showing the salary vs tax paid. Don't see many of those. Also the break even point for tax paid vs benefit received (not 'benefits'- a broader sense of the term). It is very hard to show due to the labyrinthine tax and benefits structures. However there was one story: "The point at which a household switches from being an overall “taker” to a “giver” is where disposable income, after all taxes and benefits are taken into account, passes a threshold of about £27,000, Smith & Williamson found. This would be where a household’s gross income fell somewhere between £35,000 and £38,000." From the torygraph: http://www.telegraph.co.uk/finance/personalfinance/tax/10638283/How-much-we-give-the-state-in-tax-and-how-much-we-get-back.html There were some scary calculations I read somewhere showing how the jump from a person on 30K gets almost nothing extra in their pocket at the end of the month compared to someone on 15k. I think the scenario involved three kids and lots of tax credit stuff, plus the higher earner was assumed to be paying a mortgage whilst the lower was assumed to be renting so the asset ownership was the differentiator. The details were probably in some story on universal credit which is an interesting idea in theory. |
Topic | Date Posted | Posted By |
Annual Tax Summary | 19/11/14 13:38:00 | Bunny Payne |
Re:Annual Tax Summary | 19/11/14 16:16:00 | Simon Knight |
Re:Re:Annual Tax Summary | 19/11/14 16:38:00 | Bunny Payne |
Re:Re:Re:Annual Tax Summary | 19/11/14 16:49:00 | Simon Knight |
Re:Annual Tax Summary | 19/11/14 17:16:00 | Maggie Forbes |
Re:Re:Annual Tax Summary | 19/11/14 17:34:00 | Alan Sherman |
Re:Re:Re:Annual Tax Summary | 21/05/24 17:24:00 | sam |
Re:Re:Annual Tax Summary | 19/11/14 19:37:00 | Bunny Payne |
Re:Re:Annual Tax Summary | 19/11/14 19:39:00 | Adam Gray |
Re:Re:Re:Annual Tax Summary | 19/11/14 23:24:00 | Richard Carter |
Re:Re:Re:Re:Annual Tax Summary | 20/11/14 04:55:00 | Adam Gray |
Re:Annual Tax Summary | 20/11/14 08:43:00 | Maggie Forbes |
Re:Re:Re:Re:Re:Annual Tax Summary | 20/11/14 10:28:00 | Richard Carter |
Re:Re:Re:Re:Re:Re:Annual Tax Summary | 20/11/14 15:17:00 | Adam Gray |
Re:Re:Re:Re:Re:Re:Re:Annual Tax Summary | 21/11/14 00:28:00 | Richard Carter |
Re:Re:Re:Re:Re:Re:Re:Re:Annual Tax Summary | 23/11/14 20:10:00 | Richard Carter |
Re:Re:Re:Re:Re:Re:Re:Re:Re:Annual Tax Summary | 21/05/24 20:48:00 | Ed Robinson |
Re:Annual Tax Summary | 20/11/14 12:35:00 | Alison Fraser |