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Do you think the amount of tax which we have to pay on earnings is fair
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By (user no longer on site)
over a year ago
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I think what we pay in earnings is fair. Having to pay it again and again and again on other things isn't fair.
The worst tax in the world is inheritance tax! |
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By (user no longer on site) OP
over a year ago
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"I think what we pay in earnings is fair. Having to pay it again and again and again on other things isn't fair.
The worst tax in the world is inheritance tax!"
I have to disagree I think it's to much. I never really thought about it until I went self employed but now it kills me. I have to pay something like £200 pounds tax on every thousand pounds profit which I earn over a certain amount and £90 for something else.. That's almost 300 quid out of every thousand pounds profit. Thats hard earned money.
As for inheritance tax I thought you only paid tax on that if its a big inheritance. |
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By (user no longer on site) OP
over a year ago
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"I think what we pay in earnings is fair. Having to pay it again and again and again on other things isn't fair.
The worst tax in the world is inheritance tax!"
Shouldn't have to pay that though |
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By (user no longer on site)
over a year ago
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"Not really no. There’s ways of getting around it though. AVCs, childcare vouchers etc.
What is AVCs? "
Additional voluntary contributions to your pension |
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By (user no longer on site) OP
over a year ago
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"Not really no. There’s ways of getting around it though. AVCs, childcare vouchers etc.
What is AVCs?
Additional voluntary contributions to your pension "
Oh, yes |
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By (user no longer on site)
over a year ago
|
"I think what we pay in earnings is fair. Having to pay it again and again and again on other things isn't fair.
The worst tax in the world is inheritance tax!
I have to disagree I think it's to much. I never really thought about it until I went self employed but now it kills me. I have to pay something like £200 pounds tax on every thousand pounds profit which I earn over a certain amount and £90 for something else.. That's almost 300 quid out of every thousand pounds profit. Thats hard earned money.
As for inheritance tax I thought you only paid tax on that if its a big inheritance. "
That's still only 30% |
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By (user no longer on site)
over a year ago
|
"I think what we pay in earnings is fair. Having to pay it again and again and again on other things isn't fair.
The worst tax in the world is inheritance tax!
I have to disagree I think it's to much. I never really thought about it until I went self employed but now it kills me. I have to pay something like £200 pounds tax on every thousand pounds profit which I earn over a certain amount and £90 for something else.. That's almost 300 quid out of every thousand pounds profit. Thats hard earned money.
As for inheritance tax I thought you only paid tax on that if its a big inheritance.
That's still only 30%"
Then you'll get a lot of that back with being self employed. Fuel, expenses etc |
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By (user no longer on site) OP
over a year ago
|
"I think what we pay in earnings is fair. Having to pay it again and again and again on other things isn't fair.
The worst tax in the world is inheritance tax!
I have to disagree I think it's to much. I never really thought about it until I went self employed but now it kills me. I have to pay something like £200 pounds tax on every thousand pounds profit which I earn over a certain amount and £90 for something else.. That's almost 300 quid out of every thousand pounds profit. Thats hard earned money.
As for inheritance tax I thought you only paid tax on that if its a big inheritance.
That's still only 30%"
Only! |
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By (user no longer on site)
over a year ago
|
"I think what we pay in earnings is fair. Having to pay it again and again and again on other things isn't fair.
The worst tax in the world is inheritance tax!
I have to disagree I think it's to much. I never really thought about it until I went self employed but now it kills me. I have to pay something like £200 pounds tax on every thousand pounds profit which I earn over a certain amount and £90 for something else.. That's almost 300 quid out of every thousand pounds profit. Thats hard earned money.
As for inheritance tax I thought you only paid tax on that if its a big inheritance. "
Do you have an accountant? It’s unusual to pay more tax when you’re self employed. |
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By (user no longer on site)
over a year ago
|
"I think what we pay in earnings is fair. Having to pay it again and again and again on other things isn't fair.
The worst tax in the world is inheritance tax!
I have to disagree I think it's to much. I never really thought about it until I went self employed but now it kills me. I have to pay something like £200 pounds tax on every thousand pounds profit which I earn over a certain amount and £90 for something else.. That's almost 300 quid out of every thousand pounds profit. Thats hard earned money.
As for inheritance tax I thought you only paid tax on that if its a big inheritance.
That's still only 30%
Only! "
I've never heard of someone that's self employed complaining about the tax they pay....always happy with the rebate they receive though!  |
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By (user no longer on site) OP
over a year ago
|
"I think what we pay in earnings is fair. Having to pay it again and again and again on other things isn't fair.
The worst tax in the world is inheritance tax!
I have to disagree I think it's to much. I never really thought about it until I went self employed but now it kills me. I have to pay something like £200 pounds tax on every thousand pounds profit which I earn over a certain amount and £90 for something else.. That's almost 300 quid out of every thousand pounds profit. Thats hard earned money.
As for inheritance tax I thought you only paid tax on that if its a big inheritance.
Do you have an accountant? It’s unusual to pay more tax when you’re self employed. "
I have but I mean to get another one. He baffles me with numbers.  |
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By (user no longer on site)
over a year ago
|
"I think what we pay in earnings is fair. Having to pay it again and again and again on other things isn't fair.
The worst tax in the world is inheritance tax!
I have to disagree I think it's to much. I never really thought about it until I went self employed but now it kills me. I have to pay something like £200 pounds tax on every thousand pounds profit which I earn over a certain amount and £90 for something else.. That's almost 300 quid out of every thousand pounds profit. Thats hard earned money.
As for inheritance tax I thought you only paid tax on that if its a big inheritance.
Do you have an accountant? It’s unusual to pay more tax when you’re self employed.
I have but I mean to get another one. He baffles me with numbers. "
Yes get another one! |
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By (user no longer on site) OP
over a year ago
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"Not on petrol it’s not no
Road tax ? Wtf it doesn’t get spent on the road
Television tax don’t start me on that one
"
definitely not on fuel. Just look at the difference in the price of red diesel compared to white. |
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By (user no longer on site)
over a year ago
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Our tax and system of government is fucked.
When you look at the Nordic countries and places like Germany is the way countries tax systems should be run in my opinion. |
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By (user no longer on site) OP
over a year ago
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"Our tax and system of government is fucked.
When you look at the Nordic countries and places like Germany is the way countries tax systems should be run in my opinion."
|
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