Marina Hyde in The Guardian with the best line of the day:-
Is Farage’s win a new dawn? We could ask Labour, but they’re still fast asleep.
As soon as you go over £100k you start to lose tax free threshold, you also lose free childcare hoursIt's just bollocks though isn't it. He isn't paying 60% (or is it 65%, she changes her mind later on) tax on his salary. No-one in the entire country is.
You'd be surprisedAgree with that, but people say they pay 40% tax and everyone knows what that means
I think this is also why there are a fair few new cars about too because people are SS to get themIt's called that because between £100k and £125k you lose your personal allowance. Anyone with any sense puts it in their pension though
Of course it's bollocks.It's just bollocks though isn't it. He isn't paying 60% (or is it 65%, she changes her mind later on) tax on his salary. No-one in the entire country is.
The equivalent of me paying for corporate hospitality for every Wolves home game next season just for me, then wondering why I don't have a lot of spare cash in the week before payday.The article is utter bollocks though and theme seems to be 'wah wah if I spend more than we earn then we have no money'. Private school is a minimum of £20k per year. £100k just under 6k a month, are they really spending 3 1/2 salary just on private school, going on holidays, nice cars etc and wondering why they're skint
Anyone who can't prosper on £100k is nuts, but that doesn't include private school
Boo fucking hoo. Dunno if they mean 100 k each or combined, whichever you can have a nice life on either. It's pretty simple don't send your kids to private school, although my eldest teaches in a private school and half the kids are from families earning less than that. What they do is live on a budget that allows them to educate their kids how they want to.![]()
We earn £100k but can no longer afford private school - there's £1.68 in the bank
On paper, my husband and I have it all: two well-paid jobs, our own home and two of our three kids at private school but at the end of each month we're scrounginginews.co.uk