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Abolition of income tax

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By *inkyLondonpair OP   Couple
over a year ago

London

Taking up from the conspiracy theory thread that just got closed would anyone care to explain why income tax is going to be abolished next week just at a time when governments will need shed load more tax money to pay back the massive debts they're incurring.

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By *moothman2000Man
over a year ago

Leicestershire

Who says it's being scrapped?

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By *limmatureguyMan
over a year ago

Tonbridge

It's not being abolished, you will just have longer to pay what you owe.

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By (user no longer on site)
over a year ago

I would appreciate an abolition of the higher rate band. Currently working 80-90 hours a week to cover isolated colleagues and keep our site open and legal. Currently lose 42% on all hours over my basic 40 hpw. Hardly seems financially worth it to bother doing the extra work. But if me and my team stop then the site shuts, people wont get the essentials they need delivering and all our low earning temp employee's would be let go. Morally we couldn't refuse the hours, just be nice to see the benifit of doing them.

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By *inkyLondonpair OP   Couple
over a year ago

London


"Who says it's being scrapped?

"

It was on the conspiracy theory thread. Some guy said that income tax was being abolished next week.

Obviously it isn't, but because I am bored and fancy a cheap laugh I wondered what the reasoning was...

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By (user no longer on site)
over a year ago


"I would appreciate an abolition of the higher rate band. Currently working 80-90 hours a week to cover isolated colleagues and keep our site open and legal. Currently lose 42% on all hours over my basic 40 hpw. Hardly seems financially worth it to bother doing the extra work. But if me and my team stop then the site shuts, people wont get the essentials they need delivering and all our low earning temp employee's would be let go. Morally we couldn't refuse the hours, just be nice to see the benifit of doing them."

From the figures you quote I roughly estimate that you are taking home at least £2k a month in overtime so you must be seeing some benefit

*Based on 40 hours a week at £50k as per your post

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By *ionelhutzMan
over a year ago

liverpool


"I would appreciate an abolition of the higher rate band. Currently working 80-90 hours a week to cover isolated colleagues and keep our site open and legal. Currently lose 42% on all hours over my basic 40 hpw. Hardly seems financially worth it to bother doing the extra work. But if me and my team stop then the site shuts, people wont get the essentials they need delivering and all our low earning temp employee's would be let go. Morally we couldn't refuse the hours, just be nice to see the benifit of doing them.

From the figures you quote I roughly estimate that you are taking home at least £2k a month in overtime so you must be seeing some benefit

*Based on 40 hours a week at £50k as per your post"

2 grand just in overtime?a month??

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By (user no longer on site)
over a year ago


"I would appreciate an abolition of the higher rate band. Currently working 80-90 hours a week to cover isolated colleagues and keep our site open and legal. Currently lose 42% on all hours over my basic 40 hpw. Hardly seems financially worth it to bother doing the extra work. But if me and my team stop then the site shuts, people wont get the essentials they need delivering and all our low earning temp employee's would be let go. Morally we couldn't refuse the hours, just be nice to see the benifit of doing them.

From the figures you quote I roughly estimate that you are taking home at least £2k a month in overtime so you must be seeing some benefit

*Based on 40 hours a week at £50k as per your post

2 grand just in overtime?a month??"

Well he said hes been taxed to whack on all above his standard income. So standard income £50k. Standard week is 40 hours but hes working 80-90 hours a week. So 40-50 hours overtime on a £50k salary even been taxed at the highest rate isnt a bad earner.

I'm willing to stand corrected on my maths!

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By *ionelhutzMan
over a year ago

liverpool


"I would appreciate an abolition of the higher rate band. Currently working 80-90 hours a week to cover isolated colleagues and keep our site open and legal. Currently lose 42% on all hours over my basic 40 hpw. Hardly seems financially worth it to bother doing the extra work. But if me and my team stop then the site shuts, people wont get the essentials they need delivering and all our low earning temp employee's would be let go. Morally we couldn't refuse the hours, just be nice to see the benifit of doing them.

From the figures you quote I roughly estimate that you are taking home at least £2k a month in overtime so you must be seeing some benefit

*Based on 40 hours a week at £50k as per your post

2 grand just in overtime?a month??

Well he said hes been taxed to whack on all above his standard income. So standard income £50k. Standard week is 40 hours but hes working 80-90 hours a week. So 40-50 hours overtime on a £50k salary even been taxed at the highest rate isnt a bad earner.

I'm willing to stand corrected on my maths!"

Sorry I'm gonna keep quiet on this one.

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By *moothman2000Man
over a year ago

Leicestershire


"

It was on the conspiracy theory thread. Some guy said that income tax was being abolished next week.

Obviously it isn't, but because I am bored and fancy a cheap laugh I wondered what the reasoning was... "

Ah right.

I stay away from those threads because the aliens who run Vodafone on behalf of the government satanic sect can see through my tinfoil hat...

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By (user no longer on site)
over a year ago

Your maths is correct, so yes I will see some benifit, although the wife was in a probationary period and got laid off before the government supported with the furlough scheme. So when you put it that way it isnt all bad. Would much prefer this bloody virus didn't happen though! Cash is useless if you are dead.

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By *edVelveteenCouple
over a year ago

Heaven in the Midlands


"

It was on the conspiracy theory thread. Some guy said that income tax was being abolished next week.

Obviously it isn't, but because I am bored and fancy a cheap laugh I wondered what the reasoning was...

Ah right.

I stay away from those threads because the aliens who run Vodafone on behalf of the government satanic sect can see through my tinfoil hat... "

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By *erriAnneTV/TS
over a year ago

The shire


"I would appreciate an abolition of the higher rate band. Currently working 80-90 hours a week to cover isolated colleagues and keep our site open and legal. Currently lose 42% on all hours over my basic 40 hpw. Hardly seems financially worth it to bother doing the extra work. But if me and my team stop then the site shuts, people wont get the essentials they need delivering and all our low earning temp employee's would be let go. Morally we couldn't refuse the hours, just be nice to see the benifit of doing them.

From the figures you quote I roughly estimate that you are taking home at least £2k a month in overtime so you must be seeing some benefit

*Based on 40 hours a week at £50k as per your post

2 grand just in overtime?a month??"

I know plenty of people who earn more than that in o.t. That's on top of a 50k salary. Doesn't help when a days overtime is nearly 400 quid. People get Greedy then need more of it to finance their lives.

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By *wisted999Man
over a year ago

North Bucks


"I would appreciate an abolition of the higher rate band. Currently working 80-90 hours a week to cover isolated colleagues and keep our site open and legal. Currently lose 42% on all hours over my basic 40 hpw. Hardly seems financially worth it to bother doing the extra work. But if me and my team stop then the site shuts, people wont get the essentials they need delivering and all our low earning temp employee's would be let go. Morally we couldn't refuse the hours, just be nice to see the benifit of doing them.

From the figures you quote I roughly estimate that you are taking home at least £2k a month in overtime so you must be seeing some benefit

*Based on 40 hours a week at £50k as per your post

2 grand just in overtime?a month??"

I know a few people making that. God bless the unions

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By *ionelhutzMan
over a year ago

liverpool


"I would appreciate an abolition of the higher rate band. Currently working 80-90 hours a week to cover isolated colleagues and keep our site open and legal. Currently lose 42% on all hours over my basic 40 hpw. Hardly seems financially worth it to bother doing the extra work. But if me and my team stop then the site shuts, people wont get the essentials they need delivering and all our low earning temp employee's would be let go. Morally we couldn't refuse the hours, just be nice to see the benifit of doing them.

From the figures you quote I roughly estimate that you are taking home at least £2k a month in overtime so you must be seeing some benefit

*Based on 40 hours a week at £50k as per your post

2 grand just in overtime?a month??

I know plenty of people who earn more than that in o.t. That's on top of a 50k salary. Doesn't help when a days overtime is nearly 400 quid. People get Greedy then need more of it to finance their lives. "

I need a new job

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By *wisted999Man
over a year ago

North Bucks


"I would appreciate an abolition of the higher rate band. Currently working 80-90 hours a week to cover isolated colleagues and keep our site open and legal. Currently lose 42% on all hours over my basic 40 hpw. Hardly seems financially worth it to bother doing the extra work. But if me and my team stop then the site shuts, people wont get the essentials they need delivering and all our low earning temp employee's would be let go. Morally we couldn't refuse the hours, just be nice to see the benifit of doing them.

From the figures you quote I roughly estimate that you are taking home at least £2k a month in overtime so you must be seeing some benefit

*Based on 40 hours a week at £50k as per your post

2 grand just in overtime?a month??

I know plenty of people who earn more than that in o.t. That's on top of a 50k salary. Doesn't help when a days overtime is nearly 400 quid. People get Greedy then need more of it to finance their lives.

I need a new job

"

Get yourself a job as a train driver.

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By *abrielle247Couple (FF)
over a year ago

PDI Gran Canaria

With all the conspiracy crap, I'm just waiting for the witch trials to start again. Get your pitch forks ready.

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By *pmsldCouple
over a year ago

kettering


"I would appreciate an abolition of the higher rate band. Currently working 80-90 hours a week to cover isolated colleagues and keep our site open and legal. Currently lose 42% on all hours over my basic 40 hpw. Hardly seems financially worth it to bother doing the extra work. But if me and my team stop then the site shuts, people wont get the essentials they need delivering and all our low earning temp employee's would be let go. Morally we couldn't refuse the hours, just be nice to see the benifit of doing them."

It would be nice if the government remembers those of us who have had to continue working and paying tax through all this when it comes time for it all to be paid back! Will never happen though.

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By (user no longer on site)
over a year ago

I'll never understand why it is legal to make people work 90 hpw in this country.

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By *iss_tressWoman
over a year ago

London


"

It was on the conspiracy theory thread. Some guy said that income tax was being abolished next week.

Obviously it isn't, but because I am bored and fancy a cheap laugh I wondered what the reasoning was...

Ah right.

I stay away from those threads because the aliens who run Vodafone on behalf of the government satanic sect can see through my tinfoil hat... "

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By *eddy and legsCouple
over a year ago

the wetlands


"I would appreciate an abolition of the higher rate band. Currently working 80-90 hours a week to cover isolated colleagues and keep our site open and legal. Currently lose 42% on all hours over my basic 40 hpw. Hardly seems financially worth it to bother doing the extra work. But if me and my team stop then the site shuts, people wont get the essentials they need delivering and all our low earning temp employee's would be let go. Morally we couldn't refuse the hours, just be nice to see the benifit of doing them."

Pop it in a pension fund and you'll get the tax back

#yourewelcome

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By *othardandfreeMan
over a year ago

dd


"I would appreciate an abolition of the higher rate band. Currently working 80-90 hours a week to cover isolated colleagues and keep our site open and legal. Currently lose 42% on all hours over my basic 40 hpw. Hardly seems financially worth it to bother doing the extra work. But if me and my team stop then the site shuts, people wont get the essentials they need delivering and all our low earning temp employee's would be let go. Morally we couldn't refuse the hours, just be nice to see the benifit of doing them.

Pop it in a pension fund and you'll get the tax back

#yourewelcome"

Well maybe you should all refuse the hours then or go off sick if its that much of an issue.

Your employer would then have to take on extra staff. There are plenty people out there who currently have not a penny to their name and dont know how to feed their kids. They would be grateful even if it was temp. Your employer would be better off wage bill wise too and you all would be less stressed.

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By (user no longer on site)
over a year ago


"I would appreciate an abolition of the higher rate band. Currently working 80-90 hours a week to cover isolated colleagues and keep our site open and legal. Currently lose 42% on all hours over my basic 40 hpw. Hardly seems financially worth it to bother doing the extra work. But if me and my team stop then the site shuts, people wont get the essentials they need delivering and all our low earning temp employee's would be let go. Morally we couldn't refuse the hours, just be nice to see the benifit of doing them.

Pop it in a pension fund and you'll get the tax back

#yourewelcome

Well maybe you should all refuse the hours then or go off sick if its that much of an issue.

Your employer would then have to take on extra staff. There are plenty people out there who currently have not a penny to their name and dont know how to feed their kids. They would be grateful even if it was temp. Your employer would be better off wage bill wise too and you all would be less stressed. "

In a normal day I’m sure they would but these are extraordinary times and people, who are what businesses are, are making decisions and doing things to produce outcomes rather then looking over the whole situation.

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By *moothman2000Man
over a year ago

Leicestershire

I have minimum working hours defined in my job role, but no maximum and no overtime.

I've been averaging about 70hrs a week for several weeks now because it was the right thing to do and directly supports vulnerable people.

It's mentally tiring but morally rewarding, so no complaints from me.

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By *lym007Man
over a year ago

Plymouth


"I would appreciate an abolition of the higher rate band. Currently working 80-90 hours a week to cover isolated colleagues and keep our site open and legal. Currently lose 42% on all hours over my basic 40 hpw. Hardly seems financially worth it to bother doing the extra work. But if me and my team stop then the site shuts, people wont get the essentials they need delivering and all our low earning temp employee's would be let go. Morally we couldn't refuse the hours, just be nice to see the benifit of doing them.

From the figures you quote I roughly estimate that you are taking home at least £2k a month in overtime so you must be seeing some benefit

*Based on 40 hours a week at £50k as per your post

2 grand just in overtime?a month??

I know plenty of people who earn more than that in o.t. That's on top of a 50k salary. Doesn't help when a days overtime is nearly 400 quid. People get Greedy then need more of it to finance their lives.

I need a new job

Get yourself a job as a train driver. "

I have and I thoroughly enjoy it

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By *ionelhutzMan
over a year ago

liverpool


"I have minimum working hours defined in my job role, but no maximum and no overtime.

I've been averaging about 70hrs a week for several weeks now because it was the right thing to do and directly supports vulnerable people.

It's mentally tiring but morally rewarding, so no complaints from me. "

I thought you could only work a certain amount of hours?

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By *lym007Man
over a year ago

Plymouth


"I have minimum working hours defined in my job role, but no maximum and no overtime.

I've been averaging about 70hrs a week for several weeks now because it was the right thing to do and directly supports vulnerable people.

It's mentally tiring but morally rewarding, so no complaints from me.

I thought you could only work a certain amount of hours?"

Theres the hidden rule-

Can only work a maximum of 12 hours a shift, must have 12 hours rest between shifts, maximum of 13 consecutive shifts then must have at least a day off. No more than 72hours in a week.

Although I think the rule is dependent on job roles. But that's the rules I must follow by law as a train driver.

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By *erriAnneTV/TS
over a year ago

The shire


"I have minimum working hours defined in my job role, but no maximum and no overtime.

I've been averaging about 70hrs a week for several weeks now because it was the right thing to do and directly supports vulnerable people.

It's mentally tiring but morally rewarding, so no complaints from me.

I thought you could only work a certain amount of hours?

Theres the hidden rule-

Can only work a maximum of 12 hours a shift, must have 12 hours rest between shifts, maximum of 13 consecutive shifts then must have at least a day off. No more than 72hours in a week.

Although I think the rule is dependent on job roles. But that's the rules I must follow by law as a train driver."

12 hour shifts your union must be rubbish

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By *amille66Woman
over a year ago

Gerrards Cross London


"Taking up from the conspiracy theory thread that just got closed would anyone care to explain why income tax is going to be abolished next week just at a time when governments will need shed load more tax money to pay back the massive debts they're incurring. "

because USA is going to make China pay for all of this so the more we bump

up what it is costing us the more we can claim back ??

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By *ap d agde coupleCouple
over a year ago

Broadstairs


"Taking up from the conspiracy theory thread that just got closed would anyone care to explain why income tax is going to be abolished next week just at a time when governments will need shed load more tax money to pay back the massive debts they're incurring.

because USA is going to make China pay for all of this so the more we bump

up what it is costing us the more we can claim back ??"

How are they going to make them pay. ?

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