Tax calculator (Income/NI not car tax)
22 March 2007, 11:38 AM
#1
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Tax calculator (Income/NI not car tax)
Came across this on the BBC site.
£6.31 up on income and NI combined, but easily £100+ worse off overall!
BBC NEWS | Budget Calculator
£6.31 up on income and NI combined, but easily £100+ worse off overall!
BBC NEWS | Budget Calculator
22 March 2007, 12:18 PM
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Completely inaccurate calulator.
So, a bit useless really.
Originally Posted by BBC
Therefore our calculator can not yet reflect the proposed changes to the income tax regime.
So, a bit useless really.
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22 March 2007, 12:38 PM
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Next year, the indications are that you will be £521.28 worse off.
Current Year Next Year Difference
Alcohol 1050.83 1113.21 £-62.38
Tobacco 0 0 0
Fuel 960.43 991.63 £-31.2
Air travel 500 1000 £-500
Income tax 4112.3 4060.9 £51.4
National insurance 2185.15 2164.25 £20.9
Child benefits 0 0 0
Tax credits 0 0 0
Vehicle excise duty 427.5 427.5 0
State pension 0 0 0
Current Year Next Year Difference
Alcohol 1050.83 1113.21 £-62.38
Tobacco 0 0 0
Fuel 960.43 991.63 £-31.2
Air travel 500 1000 £-500
Income tax 4112.3 4060.9 £51.4
National insurance 2185.15 2164.25 £20.9
Child benefits 0 0 0
Tax credits 0 0 0
Vehicle excise duty 427.5 427.5 0
State pension 0 0 0
22 March 2007, 04:44 PM
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'And finally,I will be performing a miracle the likes you have never ever seen before I WILL BE CUTTING INCOME TAX BY 2p,hurrah,wave your papers in the air you lot behind me and cheer wildly,what a moment'
Err,£208 worse off for me.Twit .
And those of you better off,what will you do with your spare 30 pence a day?
Err,£208 worse off for me.Twit .
And those of you better off,what will you do with your spare 30 pence a day?
23 March 2007, 09:05 AM
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'And finally,I will be performing a miracle the likes you have never ever seen before I WILL BE CUTTING INCOME TAX BY 2p,hurrah,wave your papers in the air you lot behind me and cheer wildly,what a moment'
Err,£208 worse off for me.Twit .
And those of you better off,what will you do with your spare 30 pence a day?
Err,£208 worse off for me.Twit .
And those of you better off,what will you do with your spare 30 pence a day?
The 2p income tax cut alone saves me and the wife nearly £700 per year according to the calculator above
I'm quite happy with that!
What will I do with it??? It'll just pay for my car insurance this year!!!!!!!!!!!!!!
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