Join us FREE, we're FREE to use
Web's largest swingers site since 2006.
Already registered?
Login here
Back to forum list |
Back to The Lounge |
Jump to newest |
| |||
Reply privately | Reply in forum | Reply +quote |
"Imagine life as a game, and taxes are like the rules that pop up at every level. Here’s how it goes: Childhood Pocket Money: It starts with your first taste of income, the pocket money. You might not be taxed directly, but you learn early on that sweets and toys are pricier because of VAT. Teenage Years Part-Time Job: You get your first part-time job, excited about earning your own money, and then realize a chunk goes to Income Tax and National Insurance. Adulthood Salary: You enter the workforce full-time, and your paycheck comes with deductions for Income Tax and National Insurance. Savings: You think about saving, but interest on savings is subject to tax too. Buying a Home: You save up for a house and encounter Stamp Duty. Daily Expenses: Every time you shop, Value Added Tax (VAT) is lurking around. Fuel and Travel: Filling up your car involves paying fuel duty, and if you fly, there’s Air Passenger Duty. Middle Age Investments: Profits from selling shares or property mean Capital Gains Tax. Luxury Items: Buying things like alcohol and cigarettes comes with hefty excise duties. Retirement Pension: Even in retirement, you might pay Income Tax on your pension. Inheritance: You think about passing on your wealth, but your estate could face Inheritance Tax. From the moment you start earning to the day you pass on your wealth, taxes are like that persistent friend who never leaves your side, always reminding you that life’s certainties are death, taxes, and more taxes. Anyone else feel like were getting screwed and not in a good way!!! How do we break this cycle and change the board game??!" Throw it across the room and walk away 😂 | |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary. " Dubai? | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary. " I came here to say this. Why would you not want to pay tax, OP? Without them the government has no money to spend on things we all need as a country. | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary. Dubai?" Taxes are necessary if you aren't sitting on oil. And i think even UAE is starting down the tax route. | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary. I came here to say this. Why would you not want to pay tax, OP? Without them the government has no money to spend on things we all need as a country." I just think the level of taxation at every turn is ridiculous. This year my tax bill just on income alone was circa 50k. And for that what do i get?? Nothing. Im not entitled to anything. Ive just taken out private healthcare because the NHS is in a total mess. The roads i drive my car on are full of pot holes. I dont “qualify” for any of this eco grant funding for insulation etc I feel when im eventually retirement age the state pension will be means tested and scrapped I genuinely think i gee zero benefit from my taxes and all j actually do is pay for everyone else to reap the benefits I once needed the police due to an incident and was told it was a “civil matter” and they wouldnt do anything I cant think of any way i benefit from it i feel “screwed” at every turn | |||
Reply privately | Reply in forum | Reply +quote |
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary. I came here to say this. Why would you not want to pay tax, OP? Without them the government has no money to spend on things we all need as a country. I just think the level of taxation at every turn is ridiculous. This year my tax bill just on income alone was circa 50k. And for that what do i get?? Nothing. Im not entitled to anything. Ive just taken out private healthcare because the NHS is in a total mess. The roads i drive my car on are full of pot holes. I dont “qualify” for any of this eco grant funding for insulation etc I feel when im eventually retirement age the state pension will be means tested and scrapped I genuinely think i gee zero benefit from my taxes and all j actually do is pay for everyone else to reap the benefits I once needed the police due to an incident and was told it was a “civil matter” and they wouldnt do anything I cant think of any way i benefit from it i feel “screwed” at every turn " Then opt out? | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary. I came here to say this. Why would you not want to pay tax, OP? Without them the government has no money to spend on things we all need as a country. I just think the level of taxation at every turn is ridiculous. This year my tax bill just on income alone was circa 50k. And for that what do i get?? Nothing. Im not entitled to anything. Ive just taken out private healthcare because the NHS is in a total mess. The roads i drive my car on are full of pot holes. I dont “qualify” for any of this eco grant funding for insulation etc I feel when im eventually retirement age the state pension will be means tested and scrapped I genuinely think i gee zero benefit from my taxes and all j actually do is pay for everyone else to reap the benefits I once needed the police due to an incident and was told it was a “civil matter” and they wouldnt do anything I cant think of any way i benefit from it i feel “screwed” at every turn " You might not benefit directly from them at the moment, but the people who you rely on to provide the services for whatever lifestyle you are accustomed to do. Without the 'free' childcare the people who serve you your morning coffee can't get to work etc etc. For anyone to claim they don't benefit from taxation is pure libertarian bullshit. If you look at the world happiness index, the scandi countries, that consistently come out on top have much higher taxation rates than here in the UK. B | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary. I came here to say this. Why would you not want to pay tax, OP? Without them the government has no money to spend on things we all need as a country. I just think the level of taxation at every turn is ridiculous. This year my tax bill just on income alone was circa 50k. And for that what do i get?? Nothing. Im not entitled to anything. Ive just taken out private healthcare because the NHS is in a total mess. The roads i drive my car on are full of pot holes. I dont “qualify” for any of this eco grant funding for insulation etc I feel when im eventually retirement age the state pension will be means tested and scrapped I genuinely think i gee zero benefit from my taxes and all j actually do is pay for everyone else to reap the benefits I once needed the police due to an incident and was told it was a “civil matter” and they wouldnt do anything I cant think of any way i benefit from it i feel “screwed” at every turn You might not benefit directly from them at the moment, but the people who you rely on to provide the services for whatever lifestyle you are accustomed to do. Without the 'free' childcare the people who serve you your morning coffee can't get to work etc etc. For anyone to claim they don't benefit from taxation is pure libertarian bullshit. If you look at the world happiness index, the scandi countries, that consistently come out on top have much higher taxation rates than here in the UK. B" They do have a higher standard of living but that’s a different argument altogether! | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary. I came here to say this. Why would you not want to pay tax, OP? Without them the government has no money to spend on things we all need as a country. I just think the level of taxation at every turn is ridiculous. This year my tax bill just on income alone was circa 50k. And for that what do i get?? Nothing. Im not entitled to anything. Ive just taken out private healthcare because the NHS is in a total mess. The roads i drive my car on are full of pot holes. I dont “qualify” for any of this eco grant funding for insulation etc I feel when im eventually retirement age the state pension will be means tested and scrapped I genuinely think i gee zero benefit from my taxes and all j actually do is pay for everyone else to reap the benefits I once needed the police due to an incident and was told it was a “civil matter” and they wouldnt do anything I cant think of any way i benefit from it i feel “screwed” at every turn the way I look at it is I can earn 150k because I live in a country where people can afford me and my companies offerings. And that comes because they are largely well educated and healthy and safe. I also know that if we lived in a society that didn't have taxes, no way would my parents have afforded to educate or keep me as healthy as i was in order to get where I am now. Therfore I'm fine to pay it forward. " I get that mentality but its not the same country you grew up in anymore. Its changed significantly and not for the better | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary. Dubai?Taxes are necessary if you aren't sitting on oil. And i think even UAE is starting down the tax route. " Saudi is trying to switch its economic model because they can't afford to do what they're doing right now and have such a large population under 30. Ditto UAE and others. | |||
Reply privately | Reply in forum | Reply +quote |
"Imagine life as a game, and taxes are like the rules that pop up at every level. Here’s how it goes: Childhood Pocket Money: It starts with your first taste of income, the pocket money. You might not be taxed directly, but you learn early on that sweets and toys are pricier because of VAT. Teenage Years Part-Time Job: You get your first part-time job, excited about earning your own money, and then realize a chunk goes to Income Tax and National Insurance. Adulthood Salary: You enter the workforce full-time, and your paycheck comes with deductions for Income Tax and National Insurance. Savings: You think about saving, but interest on savings is subject to tax too. Buying a Home: You save up for a house and encounter Stamp Duty. Daily Expenses: Every time you shop, Value Added Tax (VAT) is lurking around. Fuel and Travel: Filling up your car involves paying fuel duty, and if you fly, there’s Air Passenger Duty. Middle Age Investments: Profits from selling shares or property mean Capital Gains Tax. Luxury Items: Buying things like alcohol and cigarettes comes with hefty excise duties. Retirement Pension: Even in retirement, you might pay Income Tax on your pension. Inheritance: You think about passing on your wealth, but your estate could face Inheritance Tax. From the moment you start earning to the day you pass on your wealth, taxes are like that persistent friend who never leaves your side, always reminding you that life’s certainties are death, taxes, and more taxes. Anyone else feel like were getting screwed and not in a good way!!! How do we break this cycle and change the board game??!" You give us your ideas? | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary. I came here to say this. Why would you not want to pay tax, OP? Without them the government has no money to spend on things we all need as a country. I just think the level of taxation at every turn is ridiculous. This year my tax bill just on income alone was circa 50k. And for that what do i get?? Nothing. Im not entitled to anything. Ive just taken out private healthcare because the NHS is in a total mess. The roads i drive my car on are full of pot holes. I dont “qualify” for any of this eco grant funding for insulation etc I feel when im eventually retirement age the state pension will be means tested and scrapped I genuinely think i gee zero benefit from my taxes and all j actually do is pay for everyone else to reap the benefits I once needed the police due to an incident and was told it was a “civil matter” and they wouldnt do anything I cant think of any way i benefit from it i feel “screwed” at every turn " I guess you need to look at the bigger picture, rather than just you. Taxes are the price we pay as a country. You might not need it, but do you want an NHS (you or your family might need it one day - there are very few people who have genuinely never needed the NHS). Do you want Armed Forces and police and emergency services to keep us safe, even if the police couldn't help in that one specific incident? Do you want a welfare state to support the most vulnerable? For me, it's less about individual benefit and more a societal thing, but lots of people will disagree with me. | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary. I came here to say this. Why would you not want to pay tax, OP? Without them the government has no money to spend on things we all need as a country. I just think the level of taxation at every turn is ridiculous. This year my tax bill just on income alone was circa 50k. And for that what do i get?? Nothing. Im not entitled to anything. Ive just taken out private healthcare because the NHS is in a total mess. The roads i drive my car on are full of pot holes. I dont “qualify” for any of this eco grant funding for insulation etc I feel when im eventually retirement age the state pension will be means tested and scrapped I genuinely think i gee zero benefit from my taxes and all j actually do is pay for everyone else to reap the benefits I once needed the police due to an incident and was told it was a “civil matter” and they wouldnt do anything I cant think of any way i benefit from it i feel “screwed” at every turn " Did you go to state school? | |||
Reply privately | Reply in forum | Reply +quote |
"Imagine life as a game, and taxes are like the rules that pop up at every level. Here’s how it goes: Childhood Pocket Money: It starts with your first taste of income, the pocket money. You might not be taxed directly, but you learn early on that sweets and toys are pricier because of VAT. Teenage Years Part-Time Job: You get your first part-time job, excited about earning your own money, and then realize a chunk goes to Income Tax and National Insurance. Adulthood Salary: You enter the workforce full-time, and your paycheck comes with deductions for Income Tax and National Insurance. Savings: You think about saving, but interest on savings is subject to tax too. Buying a Home: You save up for a house and encounter Stamp Duty. Daily Expenses: Every time you shop, Value Added Tax (VAT) is lurking around. Fuel and Travel: Filling up your car involves paying fuel duty, and if you fly, there’s Air Passenger Duty. Middle Age Investments: Profits from selling shares or property mean Capital Gains Tax. Luxury Items: Buying things like alcohol and cigarettes comes with hefty excise duties. Retirement Pension: Even in retirement, you might pay Income Tax on your pension. Inheritance: You think about passing on your wealth, but your estate could face Inheritance Tax. From the moment you start earning to the day you pass on your wealth, taxes are like that persistent friend who never leaves your side, always reminding you that life’s certainties are death, taxes, and more taxes. Anyone else feel like were getting screwed and not in a good way!!! How do we break this cycle and change the board game??! You give us your ideas?" I havent got a fix but i just know its better in other countries I have a holiday home in portugal. When you pay the council tax you see exactly where it goes They jetwash the roads once a month and the pavements once every 2 weeks They cut the grass verges every single week You report a street lights out via an app and they fix it within 12 hours It costs a LOT bur you see where it goes and are happy to pay for it What do i see i get in the UK… nothing? They want to close my local tip, the shut the swimming baths, its just ridiculous. | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary. Dubai?" What are the similarities between Dubai and UK? | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary. I came here to say this. Why would you not want to pay tax, OP? Without them the government has no money to spend on things we all need as a country. I just think the level of taxation at every turn is ridiculous. This year my tax bill just on income alone was circa 50k. And for that what do i get?? Nothing. Im not entitled to anything. Ive just taken out private healthcare because the NHS is in a total mess. The roads i drive my car on are full of pot holes. I dont “qualify” for any of this eco grant funding for insulation etc I feel when im eventually retirement age the state pension will be means tested and scrapped I genuinely think i gee zero benefit from my taxes and all j actually do is pay for everyone else to reap the benefits I once needed the police due to an incident and was told it was a “civil matter” and they wouldnt do anything I cant think of any way i benefit from it i feel “screwed” at every turn Did you go to state school?" Yes i did | |||
Reply privately | Reply in forum | Reply +quote |
"Imagine life as a game, and taxes are like the rules that pop up at every level. Here’s how it goes: Childhood Pocket Money: It starts with your first taste of income, the pocket money. You might not be taxed directly, but you learn early on that sweets and toys are pricier because of VAT. Teenage Years Part-Time Job: You get your first part-time job, excited about earning your own money, and then realize a chunk goes to Income Tax and National Insurance. Adulthood Salary: You enter the workforce full-time, and your paycheck comes with deductions for Income Tax and National Insurance. Savings: You think about saving, but interest on savings is subject to tax too. Buying a Home: You save up for a house and encounter Stamp Duty. Daily Expenses: Every time you shop, Value Added Tax (VAT) is lurking around. Fuel and Travel: Filling up your car involves paying fuel duty, and if you fly, there’s Air Passenger Duty. Middle Age Investments: Profits from selling shares or property mean Capital Gains Tax. Luxury Items: Buying things like alcohol and cigarettes comes with hefty excise duties. Retirement Pension: Even in retirement, you might pay Income Tax on your pension. Inheritance: You think about passing on your wealth, but your estate could face Inheritance Tax. From the moment you start earning to the day you pass on your wealth, taxes are like that persistent friend who never leaves your side, always reminding you that life’s certainties are death, taxes, and more taxes. Anyone else feel like were getting screwed and not in a good way!!! How do we break this cycle and change the board game??! You give us your ideas? I havent got a fix but i just know its better in other countries I have a holiday home in portugal. When you pay the council tax you see exactly where it goes They jetwash the roads once a month and the pavements once every 2 weeks They cut the grass verges every single week You report a street lights out via an app and they fix it within 12 hours It costs a LOT bur you see where it goes and are happy to pay for it What do i see i get in the UK… nothing? They want to close my local tip, the shut the swimming baths, its just ridiculous. " *Shrugs* Do you use the tip and the swimming baths? Apparently you don't use anything that relies on taxation. On your described income, I'm sure you can afford a nice membership at a leisure place with a much nicer (and probably warmer) pool and a jacuzzi. You might even get inclusive tea and biscuits rather than a vending machine serving warm river water. | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary. I came here to say this. Why would you not want to pay tax, OP? Without them the government has no money to spend on things we all need as a country. I just think the level of taxation at every turn is ridiculous. This year my tax bill just on income alone was circa 50k. And for that what do i get?? Nothing. Im not entitled to anything. Ive just taken out private healthcare because the NHS is in a total mess. The roads i drive my car on are full of pot holes. I dont “qualify” for any of this eco grant funding for insulation etc I feel when im eventually retirement age the state pension will be means tested and scrapped I genuinely think i gee zero benefit from my taxes and all j actually do is pay for everyone else to reap the benefits I once needed the police due to an incident and was told it was a “civil matter” and they wouldnt do anything I cant think of any way i benefit from it i feel “screwed” at every turn the way I look at it is I can earn 150k because I live in a country where people can afford me and my companies offerings. And that comes because they are largely well educated and healthy and safe. I also know that if we lived in a society that didn't have taxes, no way would my parents have afforded to educate or keep me as healthy as i was in order to get where I am now. Therfore I'm fine to pay it forward. I get that mentality but its not the same country you grew up in anymore. Its changed significantly and not for the better" So you’re currently young fit and healthy. Imagine a world where you’re not and you piss via a catheter and some needs to wipe your arse three times a day. You’re fed by a care worker on minimum wage and the GP comes to see you twice a month to review your meds. You look forward to being taken to the local gardening centre to be wheeled around the flowers. Who pays for that? If you’re not happy contributing to a stable society ( such as it is at the moment) then fuck off to some dystopian blade runner country and shut the door behind you. And don’t comeback. | |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
"Imagine life as a game, and taxes are like the rules that pop up at every level. Here’s how it goes: Childhood Pocket Money: It starts with your first taste of income, the pocket money. You might not be taxed directly, but you learn early on that sweets and toys are pricier because of VAT. Teenage Years Part-Time Job: You get your first part-time job, excited about earning your own money, and then realize a chunk goes to Income Tax and National Insurance. Adulthood Salary: You enter the workforce full-time, and your paycheck comes with deductions for Income Tax and National Insurance. Savings: You think about saving, but interest on savings is subject to tax too. Buying a Home: You save up for a house and encounter Stamp Duty. Daily Expenses: Every time you shop, Value Added Tax (VAT) is lurking around. Fuel and Travel: Filling up your car involves paying fuel duty, and if you fly, there’s Air Passenger Duty. Middle Age Investments: Profits from selling shares or property mean Capital Gains Tax. Luxury Items: Buying things like alcohol and cigarettes comes with hefty excise duties. Retirement Pension: Even in retirement, you might pay Income Tax on your pension. Inheritance: You think about passing on your wealth, but your estate could face Inheritance Tax. From the moment you start earning to the day you pass on your wealth, taxes are like that persistent friend who never leaves your side, always reminding you that life’s certainties are death, taxes, and more taxes. Anyone else feel like were getting screwed and not in a good way!!! How do we break this cycle and change the board game??! You give us your ideas? I havent got a fix but i just know its better in other countries I have a holiday home in portugal. When you pay the council tax you see exactly where it goes They jetwash the roads once a month and the pavements once every 2 weeks They cut the grass verges every single week You report a street lights out via an app and they fix it within 12 hours It costs a LOT bur you see where it goes and are happy to pay for it What do i see i get in the UK… nothing? They want to close my local tip, the shut the swimming baths, its just ridiculous. " I think you're arguing for higher taxes in your last sentence, to make sure councils have enough to pay for the top and swimming pool! | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary. I came here to say this. Why would you not want to pay tax, OP? Without them the government has no money to spend on things we all need as a country. I just think the level of taxation at every turn is ridiculous. This year my tax bill just on income alone was circa 50k. And for that what do i get?? Nothing. Im not entitled to anything. Ive just taken out private healthcare because the NHS is in a total mess. The roads i drive my car on are full of pot holes. I dont “qualify” for any of this eco grant funding for insulation etc I feel when im eventually retirement age the state pension will be means tested and scrapped I genuinely think i gee zero benefit from my taxes and all j actually do is pay for everyone else to reap the benefits I once needed the police due to an incident and was told it was a “civil matter” and they wouldnt do anything I cant think of any way i benefit from it i feel “screwed” at every turn Did you go to state school? Yes i did " Mine and my parent's taxes paid for that. Yours are paying for future children's education and health care | |||
Reply privately | Reply in forum | Reply +quote |
"Imagine life as a game, and taxes are like the rules that pop up at every level. Here’s how it goes: Childhood Pocket Money: It starts with your first taste of income, the pocket money. You might not be taxed directly, but you learn early on that sweets and toys are pricier because of VAT. Teenage Years Part-Time Job: You get your first part-time job, excited about earning your own money, and then realize a chunk goes to Income Tax and National Insurance. Adulthood Salary: You enter the workforce full-time, and your paycheck comes with deductions for Income Tax and National Insurance. Savings: You think about saving, but interest on savings is subject to tax too. Buying a Home: You save up for a house and encounter Stamp Duty. Daily Expenses: Every time you shop, Value Added Tax (VAT) is lurking around. Fuel and Travel: Filling up your car involves paying fuel duty, and if you fly, there’s Air Passenger Duty. Middle Age Investments: Profits from selling shares or property mean Capital Gains Tax. Luxury Items: Buying things like alcohol and cigarettes comes with hefty excise duties. Retirement Pension: Even in retirement, you might pay Income Tax on your pension. Inheritance: You think about passing on your wealth, but your estate could face Inheritance Tax. From the moment you start earning to the day you pass on your wealth, taxes are like that persistent friend who never leaves your side, always reminding you that life’s certainties are death, taxes, and more taxes. Anyone else feel like were getting screwed and not in a good way!!! How do we break this cycle and change the board game??! You give us your ideas? I havent got a fix but i just know its better in other countries I have a holiday home in portugal. When you pay the council tax you see exactly where it goes They jetwash the roads once a month and the pavements once every 2 weeks They cut the grass verges every single week You report a street lights out via an app and they fix it within 12 hours It costs a LOT bur you see where it goes and are happy to pay for it What do i see i get in the UK… nothing? They want to close my local tip, the shut the swimming baths, its just ridiculous. " So what you are saying is, UK taxes should be higher. I agree B | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary but within reason. I think the K tax codes are a piss take and should be abolished. I’m on a K85 which means £850 is added to earnings each month and taxed on the total figure. You do the work but they earn more than you do…." You are definitely special k! Suck it up buttercup we’ve all been there it’s called a tax system. Those who pay higher taxes can afford to. | |||
Reply privately | Reply in forum | Reply +quote |
"Imagine life as a game, and taxes are like the rules that pop up at every level. Here’s how it goes: Childhood Pocket Money: It starts with your first taste of income, the pocket money. You might not be taxed directly, but you learn early on that sweets and toys are pricier because of VAT. Teenage Years Part-Time Job: You get your first part-time job, excited about earning your own money, and then realize a chunk goes to Income Tax and National Insurance. Adulthood Salary: You enter the workforce full-time, and your paycheck comes with deductions for Income Tax and National Insurance. Savings: You think about saving, but interest on savings is subject to tax too. Buying a Home: You save up for a house and encounter Stamp Duty. Daily Expenses: Every time you shop, Value Added Tax (VAT) is lurking around. Fuel and Travel: Filling up your car involves paying fuel duty, and if you fly, there’s Air Passenger Duty. Middle Age Investments: Profits from selling shares or property mean Capital Gains Tax. Luxury Items: Buying things like alcohol and cigarettes comes with hefty excise duties. Retirement Pension: Even in retirement, you might pay Income Tax on your pension. Inheritance: You think about passing on your wealth, but your estate could face Inheritance Tax. From the moment you start earning to the day you pass on your wealth, taxes are like that persistent friend who never leaves your side, always reminding you that life’s certainties are death, taxes, and more taxes. Anyone else feel like were getting screwed and not in a good way!!! How do we break this cycle and change the board game??!" Without all the things your taxes pay for, you’d probably have about 2 more years to live on average. Taxes are the price we pay for a civilised society | |||
Reply privately | Reply in forum | Reply +quote |
"Imagine life as a game, and taxes are like the rules that pop up at every level. Here’s how it goes: Childhood Pocket Money: It starts with your first taste of income, the pocket money. You might not be taxed directly, but you learn early on that sweets and toys are pricier because of VAT. Teenage Years Part-Time Job: You get your first part-time job, excited about earning your own money, and then realize a chunk goes to Income Tax and National Insurance. Adulthood Salary: You enter the workforce full-time, and your paycheck comes with deductions for Income Tax and National Insurance. Savings: You think about saving, but interest on savings is subject to tax too. Buying a Home: You save up for a house and encounter Stamp Duty. Daily Expenses: Every time you shop, Value Added Tax (VAT) is lurking around. Fuel and Travel: Filling up your car involves paying fuel duty, and if you fly, there’s Air Passenger Duty. Middle Age Investments: Profits from selling shares or property mean Capital Gains Tax. Luxury Items: Buying things like alcohol and cigarettes comes with hefty excise duties. Retirement Pension: Even in retirement, you might pay Income Tax on your pension. Inheritance: You think about passing on your wealth, but your estate could face Inheritance Tax. From the moment you start earning to the day you pass on your wealth, taxes are like that persistent friend who never leaves your side, always reminding you that life’s certainties are death, taxes, and more taxes. Anyone else feel like were getting screwed and not in a good way!!! How do we break this cycle and change the board game??! You give us your ideas? I havent got a fix but i just know its better in other countries I have a holiday home in portugal. When you pay the council tax you see exactly where it goes They jetwash the roads once a month and the pavements once every 2 weeks They cut the grass verges every single week You report a street lights out via an app and they fix it within 12 hours It costs a LOT bur you see where it goes and are happy to pay for it What do i see i get in the UK… nothing? They want to close my local tip, the shut the swimming baths, its just ridiculous. So what you are saying is, UK taxes should be higher. I agree B" Those in the higher tax bands could afford to do so yes. The issue is are we spending the money raised in taxes efficiently? | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary. I came here to say this. Why would you not want to pay tax, OP? Without them the government has no money to spend on things we all need as a country. I just think the level of taxation at every turn is ridiculous. This year my tax bill just on income alone was circa 50k. And for that what do i get?? Nothing. Im not entitled to anything. Ive just taken out private healthcare because the NHS is in a total mess. The roads i drive my car on are full of pot holes. I dont “qualify” for any of this eco grant funding for insulation etc I feel when im eventually retirement age the state pension will be means tested and scrapped I genuinely think i gee zero benefit from my taxes and all j actually do is pay for everyone else to reap the benefits I once needed the police due to an incident and was told it was a “civil matter” and they wouldnt do anything I cant think of any way i benefit from it i feel “screwed” at every turn the way I look at it is I can earn 150k because I live in a country where people can afford me and my companies offerings. And that comes because they are largely well educated and healthy and safe. I also know that if we lived in a society that didn't have taxes, no way would my parents have afforded to educate or keep me as healthy as i was in order to get where I am now. Therfore I'm fine to pay it forward. I get that mentality but its not the same country you grew up in anymore. Its changed significantly and not for the better So you’re currently young fit and healthy. Imagine a world where you’re not and you piss via a catheter and some needs to wipe your arse three times a day. You’re fed by a care worker on minimum wage and the GP comes to see you twice a month to review your meds. You look forward to being taken to the local gardening centre to be wheeled around the flowers. Who pays for that? If you’re not happy contributing to a stable society ( such as it is at the moment) then fuck off to some dystopian blade runner country and shut the door behind you. And don’t comeback." Portugal sounds nice. Let's ignore the bit where local people in many areas of Portugal can't afford to live due to the impact of second home purchasing and AirBnB type holiday accommodation. | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary but within reason. I think the K tax codes are a piss take and should be abolished. I’m on a K85 which means £850 is added to earnings each month and taxed on the total figure. You do the work but they earn more than you do…. You are definitely special k! Suck it up buttercup we’ve all been there it’s called a tax system. Those who pay higher taxes can afford to." You’re the special k if you think paying tax on what you’re not even earning is reasonable as well as paying high level taxes | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary but within reason. I think the K tax codes are a piss take and should be abolished. I’m on a K85 which means £850 is added to earnings each month and taxed on the total figure. You do the work but they earn more than you do…. You are definitely special k! Suck it up buttercup we’ve all been there it’s called a tax system. Those who pay higher taxes can afford to. You’re the special k if you think paying tax on what you’re not even earning is reasonable as well as paying high level taxes" Luke, I have been on a K code for as I can remember it’s life. K code earners can afford the nice things that life offers, am I right or wrong? | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary. I came here to say this. Why would you not want to pay tax, OP? Without them the government has no money to spend on things we all need as a country. I just think the level of taxation at every turn is ridiculous. This year my tax bill just on income alone was circa 50k. And for that what do i get?? Nothing. Im not entitled to anything. Ive just taken out private healthcare because the NHS is in a total mess. The roads i drive my car on are full of pot holes. I dont “qualify” for any of this eco grant funding for insulation etc I feel when im eventually retirement age the state pension will be means tested and scrapped I genuinely think i gee zero benefit from my taxes and all j actually do is pay for everyone else to reap the benefits I once needed the police due to an incident and was told it was a “civil matter” and they wouldnt do anything I cant think of any way i benefit from it i feel “screwed” at every turn the way I look at it is I can earn 150k because I live in a country where people can afford me and my companies offerings. And that comes because they are largely well educated and healthy and safe. I also know that if we lived in a society that didn't have taxes, no way would my parents have afforded to educate or keep me as healthy as i was in order to get where I am now. Therfore I'm fine to pay it forward. I get that mentality but its not the same country you grew up in anymore. Its changed significantly and not for the better So you’re currently young fit and healthy. Imagine a world where you’re not and you piss via a catheter and some needs to wipe your arse three times a day. You’re fed by a care worker on minimum wage and the GP comes to see you twice a month to review your meds. You look forward to being taken to the local gardening centre to be wheeled around the flowers. Who pays for that? If you’re not happy contributing to a stable society ( such as it is at the moment) then fuck off to some dystopian blade runner country and shut the door behind you. And don’t comeback. Portugal sounds nice. Let's ignore the bit where local people in many areas of Portugal can't afford to live due to the impact of second home purchasing and AirBnB type holiday accommodation. " Abersoch is a little nearer by way of an example but without tourism there would be no subventions to the local economy. | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary but within reason. I think the K tax codes are a piss take and should be abolished. I’m on a K85 which means £850 is added to earnings each month and taxed on the total figure. You do the work but they earn more than you do…." why are you on a K? | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary but within reason. I think the K tax codes are a piss take and should be abolished. I’m on a K85 which means £850 is added to earnings each month and taxed on the total figure. You do the work but they earn more than you do….why are you on a K? " Her earns over £125k a year and has no personal allowance. | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary but within reason. I think the K tax codes are a piss take and should be abolished. I’m on a K85 which means £850 is added to earnings each month and taxed on the total figure. You do the work but they earn more than you do…. You are definitely special k! Suck it up buttercup we’ve all been there it’s called a tax system. Those who pay higher taxes can afford to. You’re the special k if you think paying tax on what you’re not even earning is reasonable as well as paying high level taxes Luke, I have been on a K code for as I can remember it’s life. K code earners can afford the nice things that life offers, am I right or wrong?" You are correct. However my point is this. You’re paying an income tax which is fine. They are adding a fictitious amount to that which you aren’t earning, yet paying the tax on. Therefore it’s not income tax but an additional penalty for being a decent earner and paying the higher tax level anyway which I think is underhand. I do wonder whether MP’s are subject to this as well or if they have a special exemption’ | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary but within reason. I think the K tax codes are a piss take and should be abolished. I’m on a K85 which means £850 is added to earnings each month and taxed on the total figure. You do the work but they earn more than you do…. You are definitely special k! Suck it up buttercup we’ve all been there it’s called a tax system. Those who pay higher taxes can afford to. You’re the special k if you think paying tax on what you’re not even earning is reasonable as well as paying high level taxes Luke, I have been on a K code for as I can remember it’s life. K code earners can afford the nice things that life offers, am I right or wrong? You are correct. However my point is this. You’re paying an income tax which is fine. They are adding a fictitious amount to that which you aren’t earning, yet paying the tax on. Therefore it’s not income tax but an additional penalty for being a decent earner and paying the higher tax level anyway which I think is underhand. I do wonder whether MP’s are subject to this as well or if they have a special exemption’ " If u wanna be shown tax avoidance I can help you. remember tax avoidance is legal and not tax evasion.so tax avoidance is taught to all who attended business classes at college and uni yiur not a good company man if you dont help avoid tax. | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary but within reason. I think the K tax codes are a piss take and should be abolished. I’m on a K85 which means £850 is added to earnings each month and taxed on the total figure. You do the work but they earn more than you do…. You are definitely special k! Suck it up buttercup we’ve all been there it’s called a tax system. Those who pay higher taxes can afford to. You’re the special k if you think paying tax on what you’re not even earning is reasonable as well as paying high level taxes Luke, I have been on a K code for as I can remember it’s life. K code earners can afford the nice things that life offers, am I right or wrong? You are correct. However my point is this. You’re paying an income tax which is fine. They are adding a fictitious amount to that which you aren’t earning, yet paying the tax on. Therefore it’s not income tax but an additional penalty for being a decent earner and paying the higher tax level anyway which I think is underhand. I do wonder whether MP’s are subject to this as well or if they have a special exemption’ " You know full well that many MPs will find ways around paying exactly the tax they are supposed to pay. However, MPs salaries are PAYE and so they can't avoid that portion. And few MPs earn £125k from their Govt salary. Lots of MPs do earn from second jobs and in other ways and you can be sure of creative accounting there. But you know that. | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary but within reason. I think the K tax codes are a piss take and should be abolished. I’m on a K85 which means £850 is added to earnings each month and taxed on the total figure. You do the work but they earn more than you do…. You are definitely special k! Suck it up buttercup we’ve all been there it’s called a tax system. Those who pay higher taxes can afford to. You’re the special k if you think paying tax on what you’re not even earning is reasonable as well as paying high level taxes Luke, I have been on a K code for as I can remember it’s life. K code earners can afford the nice things that life offers, am I right or wrong? You are correct. However my point is this. You’re paying an income tax which is fine. They are adding a fictitious amount to that which you aren’t earning, yet paying the tax on. Therefore it’s not income tax but an additional penalty for being a decent earner and paying the higher tax level anyway which I think is underhand. I do wonder whether MP’s are subject to this as well or if they have a special exemption’ " You get any overpayment back when you complete your Self Assessment. As for MPs I have no clue. As for the OP with a tax bill of £50k per Annum at such a young age he must be a footballer? | |||
Reply privately | Reply in forum | Reply +quote |
" This year my tax bill just on income alone was circa 50k. And for that what do i get?? Nothing. " that's peanuts pal .... just pay your dues ... and k code offsets the nice perks you get that others don't ....like free cars, healthcare etc. .... if you don't think you have enough money then try working harder | |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary but within reason. I think the K tax codes are a piss take and should be abolished. I’m on a K85 which means £850 is added to earnings each month and taxed on the total figure. You do the work but they earn more than you do….why are you on a K? Her earns over £125k a year and has no personal allowance." thought that was done by the number. K tends to mean other income. | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary. Dubai?" Exactly. There’s no need for tax when you’ve a smart government and massive , like 95% immigration. And no it’s not oil, it’s smart privatisation. | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary but within reason. I think the K tax codes are a piss take and should be abolished. I’m on a K85 which means £850 is added to earnings each month and taxed on the total figure. You do the work but they earn more than you do….why are you on a K? " How do you get the k code ? I have zero personal allowance which is fine I have limited uk ‘income’ from Investments and am fully exempt from capital gains tax on growth but what bothers me because every penny I make in interest on savings is taxed at 45%. | |||
Reply privately | Reply in forum | Reply +quote |
"If we want a society that functions well, it needs to be paid for. How it's funded is optional but taxes are an acceptable way to fund services, with us making incremental contributions for different aspects of life. That the lady 14 years saw record taxes, whilst services degraded, is probably a big reason we lost that lot. More tax should come from corporations who have evaded it very efficiently. " Tax was invented to make the poor people fund wars. It was never about Services state to keep out of things it is rubbish at doing and let the private sector of a world-class services by itself | |||
Reply privately | Reply in forum | Reply +quote |
"If we want a society that functions well, it needs to be paid for. How it's funded is optional but taxes are an acceptable way to fund services, with us making incremental contributions for different aspects of life. That the lady 14 years saw record taxes, whilst services degraded, is probably a big reason we lost that lot. More tax should come from corporations who have evaded it very efficiently. Tax was invented to make the poor people fund wars. It was never about Services state to keep out of things it is rubbish at doing and let the private sector of a world-class services by itself" Somewhat basic and I’m all right jack attitude. | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary but within reason. I think the K tax codes are a piss take and should be abolished. I’m on a K85 which means £850 is added to earnings each month and taxed on the total figure. You do the work but they earn more than you do….why are you on a K? How do you get the k code ? I have zero personal allowance which is fine I have limited uk ‘income’ from Investments and am fully exempt from capital gains tax on growth but what bothers me because every penny I make in interest on savings is taxed at 45%. " HMRC issued a K code when the company I work for self employed declared all contractors are inside IR35, which is simply bollocks. As it’s a large US company they cba to do individual assessments so it was easier for them to declare everyone inside IR35 hence the K code added to the 45% tax. | |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
"The tax system is fundamentally flawed and I’m not sure a fix will ever happen. It was designed for the wealthy to contribute a greater amount. In reality the wealthy avoid (perfectly legal) tax and if ever pushed to a position of paying more will avoid even further or leave the country. The system then has to look to the middle classes to fill the deficit. The people who have no/little way of avoiding taxation. PAYE SL ave is something I commonly think about. Unfortunately the nation have just voted in a government that believes the ‘wealth line’ is about £25k so watch out, our savings, investments, pensions are going to get raised, again " 100% agree Labour stated no tax rises but they are already back peddling I feel the reason labour were voted in is down to the fact we have a growing uneducated population But yes the system is fundamentally flawed | |||
Reply privately | Reply in forum | Reply +quote |
"The real issue isn't the tax rates, it's the inneficient squandering of them. Perfectly happy to pay the taxes I do, just wish they were treated with a little more respect by those that spend them. The percentage of my tax that actually goes where I want it to (services, defence, welfare, health care, education) is shocking, too much goes to servicing badly structured debt, bloated administration and unnecessary PR and Marketing campaigns. I would happily pay another 3-5% if I knew it was actually being used properly" Agree again | |||
Reply privately | Reply in forum | Reply +quote |
"The tax system is fundamentally flawed and I’m not sure a fix will ever happen. It was designed for the wealthy to contribute a greater amount. In reality the wealthy avoid (perfectly legal) tax and if ever pushed to a position of paying more will avoid even further or leave the country. The system then has to look to the middle classes to fill the deficit. The people who have no/little way of avoiding taxation. PAYE SL ave is something I commonly think about. Unfortunately the nation have just voted in a government that believes the ‘wealth line’ is about £25k so watch out, our savings, investments, pensions are going to get raised, again 100% agree Labour stated no tax rises but they are already back peddling I feel the reason labour were voted in is down to the fact we have a growing uneducated population But yes the system is fundamentally flawed " Labour did not say there would be no taxes rises. Their manifesto clearly stated there would be no rises in VAT, income tax ( although the personal allowance would not rise with inflation) and there were no plans to reverse the recent cuts in national insurance contributions. However the manifesto was either silent or very sketchy on inheritance tax, capital gains and council tax to name just a few sources revenue the exchequer. I share your frustration at contributing to the exchequer at a higher rate which a lot of us do and after just writing a review rather large cheque to HMRC (31/07/24) and almost the following day being told NHS treatment I need was 6-9 months away it exacerbated those frustrations. However to maintain some form of social cohesion taxation is required. Having run a successful business for longer than you have been on the planet the waste and inefficiency of how the tax funds raised are spent drives me insane. We have just submitted a rates appeal on a commercial premise and have had 4 visits from the local authority (different people) all asking the same questions and all unaware of colleagues previous visits! So young man, calm down and think on that one day you maybe in need of state help to assist with life as no one can predict what’s around that corner! | |||
Reply privately | Reply in forum | Reply +quote |
"The tax system is fundamentally flawed and I’m not sure a fix will ever happen. It was designed for the wealthy to contribute a greater amount. In reality the wealthy avoid (perfectly legal) tax and if ever pushed to a position of paying more will avoid even further or leave the country. The system then has to look to the middle classes to fill the deficit. The people who have no/little way of avoiding taxation. PAYE SL ave is something I commonly think about. Unfortunately the nation have just voted in a government that believes the ‘wealth line’ is about £25k so watch out, our savings, investments, pensions are going to get raised, again 100% agree Labour stated no tax rises but they are already back peddling I feel the reason labour were voted in is down to the fact we have a growing uneducated population But yes the system is fundamentally flawed " Are you saying the majority of people who voted Labour are uneducated? An interesting opinion, what leads you to hold it? | |||
Reply privately | Reply in forum | Reply +quote |
"Taxes are necessary. I came here to say this. Why would you not want to pay tax, OP? Without them the government has no money to spend on things we all need as a country. I just think the level of taxation at every turn is ridiculous. This year my tax bill just on income alone was circa 50k. And for that what do i get?? Nothing. Im not entitled to anything. Ive just taken out private healthcare because the NHS is in a total mess. The roads i drive my car on are full of pot holes. I dont “qualify” for any of this eco grant funding for insulation etc I feel when im eventually retirement age the state pension will be means tested and scrapped I genuinely think i gee zero benefit from my taxes and all j actually do is pay for everyone else to reap the benefits I once needed the police due to an incident and was told it was a “civil matter” and they wouldnt do anything I cant think of any way i benefit from it i feel “screwed” at every turn You might not benefit directly from them at the moment, but the people who you rely on to provide the services for whatever lifestyle you are accustomed to do. Without the 'free' childcare the people who serve you your morning coffee can't get to work etc etc. For anyone to claim they don't benefit from taxation is pure libertarian bullshit. If you look at the world happiness index, the scandi countries, that consistently come out on top have much higher taxation rates than here in the UK. B" | |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
"I pay a lot of tax. When the 50% rate was introduced I paid 50%. I'm fine with that. I don't have kids. I have private healthcare as part of my benefits package at work. By the time I retire there will be no old age pension and anything paid out will be means tested, so I won't qualify for it. If I became unemployed tomorrow I've too much in savings to qualify for any benefits. If I need care as I age the costs will be taken from my assets rather than being state-funded. No matter how you look at it, paying tax is a poor deal for me. I'm still happy to do it, and if the 50% rate makes a comeback and I'm impacted by it then I'll be happy to pay it. I object to paying taxes when they're being funnelled to party donors and Michelle Mone's yacht. I don't object to them at all when they're being used for the social good." You would get 6 months of JSA. That's not means tested. Don't get too excited now. | |||
Reply privately | Reply in forum | Reply +quote |
Post new Message to Thread |
back to top |