FabSwingers.com > Forums > The Lounge > Are you in the upper or lower 10% of UK earings?
Are you in the upper or lower 10% of UK earings?
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Massively an emotive issue ain't it in the UK discussing money 
However! With hopefully no fear of gold diggers massively descending on your account 
Are you a high, average, or low wage achiever?
£31,447 is apparently the median UK wage?... I'm waaay lower than this! Are you a 'medium', or bigging it up higher or lower?
*All wage packets Fabbers may/may not present are not fanny/cock deductible if you message them
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By *929Man 30 weeks ago
bedlington |
Could be either from week to week ive had jobs go tits up where I’m working for pennies sometimes even costing me money to work and I’ve had jobs that are a dream and get 2k plus for a weeks work. Wish every week could be like the better ones haha |
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Uni education. Below average income. The story for so many of my generation.
No hope of owning a home.
No future in this country.
I don’t think I owe this country my working life. It’s continually voted to make the lives of successive generations worse than the last. It yearns for an idealistic past that will never return. It’s deeply cynical and deeply deluded.
It continues to make the lives of young working class people a daily struggle.
All so the rich can buy a 16th Ferrari.
21st century Britain is a joke.
|
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Ooooh...well I've been in the top 5% and the lowest 1%.
They can both be shitty places, because of how we currently (and will for many more decades) structure life politically, economically, and culturally, but the bottom 1% is shittier. |
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"I ain’t saying she’s a gold digger,
But she ain’t messing with no broke  "
I am in fact a gold digger. My issue is the lack of gold these marks have. Fucking cozzy livs is taking a toll on my love life |
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By (user no longer on site) 30 weeks ago
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"I ain’t saying she’s a gold digger,
But she ain’t messing with no broke
I am in fact a gold digger. My issue is the lack of gold these marks have. Fucking cozzy livs is taking a toll on my love life "
I would eat bum for a sugar mummy. That’s all I know. |
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Does it matter what wage people are on here.
I would say if you dont click then move on to the next.
I understand professions as that help what kind of person they are but the wage shouldn't be a factor.
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"Awww I remember when I made a thread discussing the fact that swingers all seemed really well off.
This doesn't do much to reassure me 
Anyway, I'm only pennies above minimum wage - Xeno"
I will add that I work plenty of hours so pay my fair share of tax too  - Xeno |
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Just bouncing around under the 40% bracket, which suits me fine, it’s took years to get to this and here is the conundrum as I am 52 with 15 years of pension so do I spend like I’ve stole it or save for better pension |
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"Does it matter what wage people are on here.
I would say if you dont click then move on to the next.
I understand professions as that help what kind of person they are but the wage shouldn't be a factor.
"
It's the forum, any subject is game |
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I used to be in the 40% tax bracket but changed jobs two years ago and now earn less than £30000. 
As a result im needing to downsize my house but im happy with what i have and enjoy my new job. A lot. |
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By *hirleyMan 30 weeks ago
somewhere |
I was surprised by my ranking when I input it into the calculator on ifs.org.uk... it's like I'm well off or something, when in actual fact I'm sure I'm underpaid along with many others who earn even less. |
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I’m not going to lie, I’m not going to big myself up, I’m probably in the lower 10%.
Life is for living, not working.
I pay my way, only debt is mortgage, only benefit we claim in child benefit (which has always been invested in a child isa), we still have a nice car, 2 holidays a year and I work as little as I can get away with, haven’t and won’t do over time in over 10 years and never been happier.
Don’t need money to be happy. |
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By *hirleyMan 30 weeks ago
somewhere |
£32,000 was decent 10 years ago and outstanding 20 years ago (pre brexit, cost of living etc) greed has eroded most pay to go far less than ever it has in my life, yet pay hasn't kept up with such inflation |
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By *hirleyMan 30 weeks ago
somewhere |
"Why would you reveal such personal information on a recreational sex site?"
Why would you reveal anything, it's just choice. Pay variables aren't compromising information. You could tell someone your profession and be able to nail much more information and their pay from that more reliably |
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"Why would you reveal such personal information on a recreational sex site?
Why would you reveal anything, it's just choice. Pay variables aren't compromising information. You could tell someone your profession and be able to nail much more information and their pay from that more reliably "
I was wondering what the issue was |
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By (user no longer on site) 30 weeks ago
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"I’m am lucky I have two income streams and pay 40% tax but all I know is money certainly does not make you happy .
It does make me happy to be able to cover basic needs however! - Xeno"
Real.
Having enough money to live is sexy |
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"I’m am lucky I have two income streams and pay 40% tax but all I know is money certainly does not make you happy .
It does make me happy to be able to cover basic needs however! - Xeno
Real.
Having enough money to live is sexy "
It's such a turn on to cover bills and have enough clothes  |
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"Truss fund - still £100 quid short of a good one… 5’11 … bleary eyes no finance to speak of… but richer than i could ever be with money by the love and companionship of my fellow forumites "
I'm just hearing you're skint?... Runs away sobbing! |
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"I’m am lucky I have two income streams and pay 40% tax but all I know is money certainly does not make you happy .
It does make me happy to be able to cover basic needs however! - Xeno"
I agree but still not a single day that goes by that i don’t need my sertraline .  |
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"Massively an emotive issue ain't it in the UK discussing money "
We don’t talk about money in the UK, do we? Maybe it’s still tied up with all that class nonsense. And maybe it’s why such a massive amount of us are a bit financially illiterate. I mean … nobody talked to me about pensions when I was young, for example. I wish they had. |
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By (user no longer on site) 30 weeks ago
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"Massively an emotive issue ain't it in the UK discussing money
We don’t talk about money in the UK, do we? Maybe it’s still tied up with all that class nonsense. And maybe it’s why such a massive amount of us are a bit financially illiterate. I mean … nobody talked to me about pensions when I was young, for example. I wish they had."
I don't understand why general household finances isn't taught at school. It's ridiculous |
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"Massively an emotive issue ain't it in the UK discussing money
We don’t talk about money in the UK, do we? Maybe it’s still tied up with all that class nonsense. And maybe it’s why such a massive amount of us are a bit financially illiterate. I mean … nobody talked to me about pensions when I was young, for example. I wish they had."
I absolutely get this! My mum (who is very unwell), didn't until a few months ago put me as her nominated point of contact for her funeral plan (that she's had for years), she paid for it years ago... Just apparently doesn't like to talk about it? Which is great, but I still need to know which funeral directors to ring... Vs my dad with zero funeral plans/finances in place? So I can only assume I'm inheriting the dog and his cremation there |
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"Uni education. Below average income. The story for so many of my generation.
No hope of owning a home.
No future in this country.
I don’t think I owe this country my working life. It’s continually voted to make the lives of successive generations worse than the last. It yearns for an idealistic past that will never return. It’s deeply cynical and deeply deluded.
It continues to make the lives of young working class people a daily struggle.
All so the rich can buy a 16th Ferrari.
21st century Britain is a joke.
"
I think one’s outlook on life is a big factor in how life turns out. If you hate “the rich” then how are you meant to motivate yourself to become wealthy yourself? If you don’t allow yourself room to hope then how do you expect to improve yourself?
And also how do you explain all the uni educated people who do have the things you want?
I guess what I’m trying to say is that everything is within your power and if you change your outlook it’s well within you to achieve whatever you wish.
Stay positive, don’t let negativity drag you down (harder said than done) and DEFINITELY don’t read online discussions and articles by people with negative outlooks. You’ll see your mood lift |
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I work on the basis that all 5 tiers of Maslow's Hierarchy of Needs are met in my life. All ticked off.
So I don't feel inclined to strive for anything else. I'm not a high tax payer, though I would happily pay a bit more to fund better services. One less takeaway a month would probably do my waist line some good anyway ! |
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"Uni education. Below average income. The story for so many of my generation.
No hope of owning a home.
No future in this country.
I don’t think I owe this country my working life. It’s continually voted to make the lives of successive generations worse than the last. It yearns for an idealistic past that will never return. It’s deeply cynical and deeply deluded.
It continues to make the lives of young working class people a daily struggle.
All so the rich can buy a 16th Ferrari.
21st century Britain is a joke.
"
Ah! That's so sad! I'm also uni educated (albeit it as a mature student)
I'm still below avg income beside working most of the time from being 16
I rent, have done since 18 (working, fully paid)
I've paid half the asking price of my social housing price in the past 23yrs (cos I can't afford rent and a deposit)
I feel grateful I have a home. I feel grateful I have an education that costs me peanuts to repay. |
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By (user no longer on site) 30 weeks ago
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"In the 45% tax bracket. I expect lots of messages in my inbox when I mention this. But I only get messages from HMRC or the Nigerian prince. I guess money doesn't compensate for being fugly "
Nigerian Prince here. Please send money so I can release my father's gold reserve hahaha.
Sarah xx |
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I'm in the 40% tax bracket, bottom end. However, I get paid £1 more then minimum wage, I do 65+ hour weeks every week, away from home up to 4 weeks at a time, spend 5-7 nights a week sleeping in the truck, get £24 tax free extra per night for doing that so hardly worth it. Have to deal with abuse of idiots on the road, working in the 2nd most regulated industry in the UK where i can get a fine for anything, like working 15 minutes longer then I should have because I couldn't get parked one night.
If I done normal ours, 37.5 a week(ish) I'd be on way less. So yeah I may be in that higher bracket, but I've got to graft for it. But I'm happy, that's the main thing, it's helping clear my debt from a drink and gambling addiction caused from a mental breakdown and it's put me back on track in life. |
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"I'm in the 40% tax bracket, bottom end. However, I get paid £1 more then minimum wage, I do 65+ hour weeks every week, away from home up to 4 weeks at a time, spend 5-7 nights a week sleeping in the truck, get £24 tax free extra per night for doing that so hardly worth it. Have to deal with abuse of idiots on the road, working in the 2nd most regulated industry in the UK where i can get a fine for anything, like working 15 minutes longer then I should have because I couldn't get parked one night.
If I done normal ours, 37.5 a week(ish) I'd be on way less. So yeah I may be in that higher bracket, but I've got to graft for it. But I'm happy, that's the main thing, it's helping clear my debt from a drink and gambling addiction caused from a mental breakdown and it's put me back on track in life. "
Congratulations on beating your Demons |
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"People bragging about not paying tax gives me the ick 
We pay a shit tonne of tax between us. And our bloody student loans  "
It’s so grim that working people are taxed higher than parasites living off of asset appreciation. |
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"I'm in the 40% tax bracket, bottom end. However, I get paid £1 more then minimum wage, I do 65+ hour weeks every week, away from home up to 4 weeks at a time, spend 5-7 nights a week sleeping in the truck, get £24 tax free extra per night for doing that so hardly worth it. Have to deal with abuse of idiots on the road, working in the 2nd most regulated industry in the UK where i can get a fine for anything, like working 15 minutes longer then I should have because I couldn't get parked one night.
If I done normal ours, 37.5 a week(ish) I'd be on way less. So yeah I may be in that higher bracket, but I've got to graft for it. But I'm happy, that's the main thing, it's helping clear my debt from a drink and gambling addiction caused from a mental breakdown and it's put me back on track in life. "
I hope you are damn proud of yourself. I bet you are looking forward to a future with no addiction, no debt, and a reasonable working week. You won't know what to do with all that free time. |
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The tax man sucks eggs, I get by....I'm not wealthy materialisticly, I'm wealthy internally, as I have piece of mind, and I am comfortable with myself, I will take that over vast amounts of money....
As one thing I've learnt is, if I'm not happy Inside, no amount of money will make me feel better...
Mr |
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"I pay 60% tax on a portion of my earning and I do not begrudge a penny."
Im so glad you said that. We are so lucky to live in a society with tax paid public services and protection for the vulnerable. Societies with high tax rates are some of the happiest in the world. |
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"I pay 60% tax on a portion of my earning and I do not begrudge a penny.
Im so glad you said that. We are so lucky to live in a society with tax paid public services and protection for the vulnerable. Societies with high tax rates are some of the happiest in the world."
Yep the uk is known around the world for having such happy people,
I put it down to the large range of foodbanks, world class heathcare system and genuinely caring pm you have. The envy of the western world…. |
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It’s all about perspective earning £30k in the north east of England and earning £30k in London are two very different situations, sure both earning £30k but the cost of living in each location is very different
I could myself as being lucky, I own a business that is successful, I pay myself a sensible wage and take a small dividend each year, I have worked hard on this business for 20 years and now I get the rewards so to speak…. I got lucky with timing in properly and live mortgage free. But my biggest piece of advice to anyone about any earnings is do what you can to save for the future in terms of pension….. no government is going to have the money to pay a state pension they will be “nice” to live on so whatever you can do to make your retirement a better place you really should
Those who run Ltd companies should know the best way, for those who are employed make sure your company is paying in at least the minimum requirement and put your payments in…… I will go as far as to say it better to skip your daily frothy coffee now than it is to live on bread and water when you retire |
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"People bragging about not paying tax gives me the ick
Do you mean not paying tax on earnings, ie breaking the law?"
Seems it’s fine for tradesmen and others to break the law and not pay tax or VAT, Everyone I’ve ever dealt with prefers cash and no receipts or VAT. Same with all the new self employed, the grey economy in the UK, starving the NHS, stealing from it, while complaining about it.
But when wealthily people legally reduce tax they are critised. I think there’s a bit of hypocrisy there.
I pay 45% on UK income & don’t even qualify for a personal allowance . I’m not happy about it, it’s crap value for money , mostly wasted by incompetent MP’s on wokery pokery.
|
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"People bragging about not paying tax gives me the ick
Do you mean not paying tax on earnings, ie breaking the law?
Seems it’s fine for tradesmen and others to break the law and not pay tax or VAT, Everyone I’ve ever dealt with prefers cash and no receipts or VAT. Same with all the new self employed, the grey economy in the UK, starving the NHS, stealing from it, while complaining about it.
But when wealthily people legally reduce tax they are critised. I think there’s a bit of hypocrisy there.
I pay 45% on UK income & don’t even qualify for a personal allowance . I’m not happy about it, it’s crap value for money , mostly wasted by incompetent MP’s on wokery pokery.
"
The cash in hand brigade really wind me up,
Years ago had a client spend around £400 and gave me cash, Calling me an f’ing idiot for putting it into the till, scrunched his receipt up and lobbed it…… all this whilst the next client was sat patiently waiting to be seen. Young lady late twenties…….. he left and as I went to see what she needed, she said, so good to see someone honest in business and putting cash through the till, she handed me her business card. HMRC VAT inspector!!!!!!!
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"Imagine coming on a site like this and talking about how much you earn..
Yawnnnn! "
Fabs not all about the sex ya know,
there's financial advice to boot....
See if you can claim money back on condoms, also little tip save the swinging club receipts, "you took a client"...
Mr |
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"People bragging about not paying tax gives me the ick
Do you mean not paying tax on earnings, ie breaking the law?
Seems it’s fine for tradesmen and others to break the law and not pay tax or VAT, Everyone I’ve ever dealt with prefers cash and no receipts or VAT. Same with all the new self employed, the grey economy in the UK, starving the NHS, stealing from it, while complaining about it.
But when wealthily people legally reduce tax they are critised. I think there’s a bit of hypocrisy there.
I pay 45% on UK income & don’t even qualify for a personal allowance . I’m not happy about it, it’s crap value for money , mostly wasted by incompetent MP’s on wokery pokery.
The cash in hand brigade really wind me up,
Years ago had a client spend around £400 and gave me cash, Calling me an f’ing idiot for putting it into the till, scrunched his receipt up and lobbed it…… all this whilst the next client was sat patiently waiting to be seen. Young lady late twenties…….. he left and as I went to see what she needed, she said, so good to see someone honest in business and putting cash through the till, she handed me her business card. HMRC VAT inspector!!!!!!!
"
What all those people don’t realise is that it only takes one disgruntled client or neighbour to make that call and they will not have a clue what is hit them. Once they decide they are interested in you your life becomes Hell, They will go back to Years & Years, They will calculate based on what the worst case scenario is and then it’s up to you to start proving expenses and tax deductible, And if you don’t pay on time they will find you at interest and ultimately send you to prison.
I sleep very well at night knowing my accountant does everything by the book |
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"People bragging about not paying tax gives me the ick
Do you mean not paying tax on earnings, ie breaking the law?
Seems it’s fine for tradesmen and others to break the law and not pay tax or VAT, Everyone I’ve ever dealt with prefers cash and no receipts or VAT. Same with all the new self employed, the grey economy in the UK, starving the NHS, stealing from it, while complaining about it.
But when wealthily people legally reduce tax they are critised. I think there’s a bit of hypocrisy there.
I pay 45% on UK income & don’t even qualify for a personal allowance . I’m not happy about it, it’s crap value for money , mostly wasted by incompetent MP’s on wokery pokery.
"
Tax dodging annoys me. Not necessarily the act, more so the hypocrisy of it. It seems those who dodge tax the most are also the people who are most vocal about the country, the government and services. |
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By (user no longer on site) 30 weeks ago
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"People bragging about not paying tax gives me the ick
Do you mean not paying tax on earnings, ie breaking the law?
Seems it’s fine for tradesmen and others to break the law and not pay tax or VAT, Everyone I’ve ever dealt with prefers cash and no receipts or VAT. Same with all the new self employed, the grey economy in the UK, starving the NHS, stealing from it, while complaining about it.
But when wealthily people legally reduce tax they are critised. I think there’s a bit of hypocrisy there.
I pay 45% on UK income & don’t even qualify for a personal allowance . I’m not happy about it, it’s crap value for money , mostly wasted by incompetent MP’s on wokery pokery.
Tax dodging annoys me. Not necessarily the act, more so the hypocrisy of it. It seems those who dodge tax the most are also the people who are most vocal about the country, the government and services."
You say dodging some say avoidance |
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"People bragging about not paying tax gives me the ick
Do you mean not paying tax on earnings, ie breaking the law?
Seems it’s fine for tradesmen and others to break the law and not pay tax or VAT, Everyone I’ve ever dealt with prefers cash and no receipts or VAT. Same with all the new self employed, the grey economy in the UK, starving the NHS, stealing from it, while complaining about it.
But when wealthily people legally reduce tax they are critised. I think there’s a bit of hypocrisy there.
I pay 45% on UK income & don’t even qualify for a personal allowance . I’m not happy about it, it’s crap value for money , mostly wasted by incompetent MP’s on wokery pokery.
Tax dodging annoys me. Not necessarily the act, more so the hypocrisy of it. It seems those who dodge tax the most are also the people who are most vocal about the country, the government and services.
You say dodging some say avoidance "
And some use the system to their advantage. The same way the companies that pay many of the above proclaimed salaries recieve, have huge tax write-offs.
None of you can sit on the moral high ground. Just because you earn PAYE, it doesn't mean the organisation with which your working for, isn't (shall we say) embellishing taxable expidture rules. |
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"People bragging about not paying tax gives me the ick
Do you mean not paying tax on earnings, ie breaking the law?
Seems it’s fine for tradesmen and others to break the law and not pay tax or VAT, Everyone I’ve ever dealt with prefers cash and no receipts or VAT. Same with all the new self employed, the grey economy in the UK, starving the NHS, stealing from it, while complaining about it.
But when wealthily people legally reduce tax they are critised. I think there’s a bit of hypocrisy there.
I pay 45% on UK income & don’t even qualify for a personal allowance . I’m not happy about it, it’s crap value for money , mostly wasted by incompetent MP’s on wokery pokery.
Tax dodging annoys me. Not necessarily the act, more so the hypocrisy of it. It seems those who dodge tax the most are also the people who are most vocal about the country, the government and services.
You say dodging some say avoidance
And some use the system to their advantage. The same way the companies that pay many of the above proclaimed salaries recieve, have huge tax write-offs.
None of you can sit on the moral high ground. Just because you earn PAYE, it doesn't mean the organisation with which your working for, isn't (shall we say) embellishing taxable expidture rules."
As a company owner I know we are paying the taxes we owe. I also know that we are on top of what allowances exist and exactly to what level
Not avoiding not evading just making sure if there is a legal and morally correct way that we are using it
Any. Ltd company owner who doesn’t know should!! |
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"Imagine coming on a site like this and talking about how much you earn..
Yawnnnn! "
Sorry if the forums bore you but not everyone needs to talk only about sex. You might enjoy the swingers board more |
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By (user no longer on site) 30 weeks ago
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"People bragging about not paying tax gives me the ick
Do you mean not paying tax on earnings, ie breaking the law?
Seems it’s fine for tradesmen and others to break the law and not pay tax or VAT, Everyone I’ve ever dealt with prefers cash and no receipts or VAT. Same with all the new self employed, the grey economy in the UK, starving the NHS, stealing from it, while complaining about it.
But when wealthily people legally reduce tax they are critised. I think there’s a bit of hypocrisy there.
I pay 45% on UK income & don’t even qualify for a personal allowance . I’m not happy about it, it’s crap value for money , mostly wasted by incompetent MP’s on wokery pokery.
Tax dodging annoys me. Not necessarily the act, more so the hypocrisy of it. It seems those who dodge tax the most are also the people who are most vocal about the country, the government and services.
You say dodging some say avoidance
And some use the system to their advantage. The same way the companies that pay many of the above proclaimed salaries recieve, have huge tax write-offs.
None of you can sit on the moral high ground. Just because you earn PAYE, it doesn't mean the organisation with which your working for, isn't (shall we say) embellishing taxable expidture rules."
I am just about to write a cheque to HMRC which I do, not gladly but as a necessity to ensure I pay a fair and equitable contribution to the needs of society. I was going say I have been fortunate to be modestly successful in business but in actual fact the harder I worked the luckier I got!
You earn it then consider yourself lucky to be able to pay levy socially required. |
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By (user no longer on site) 30 weeks ago
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"Imagine coming on a site like this and talking about how much you earn..
Yawnnnn!
Sorry if the forums bore you but not everyone needs to talk only about sex. You might enjoy the swingers board more"
Or the smorgasbord? |
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"People bragging about not paying tax gives me the ick
Do you mean not paying tax on earnings, ie breaking the law?
Seems it’s fine for tradesmen and others to break the law and not pay tax or VAT, Everyone I’ve ever dealt with prefers cash and no receipts or VAT. Same with all the new self employed, the grey economy in the UK, starving the NHS, stealing from it, while complaining about it.
But when wealthily people legally reduce tax they are critised. I think there’s a bit of hypocrisy there.
I pay 45% on UK income & don’t even qualify for a personal allowance . I’m not happy about it, it’s crap value for money , mostly wasted by incompetent MP’s on wokery pokery.
Tax dodging annoys me. Not necessarily the act, more so the hypocrisy of it. It seems those who dodge tax the most are also the people who are most vocal about the country, the government and services.
You say dodging some say avoidance
And some use the system to their advantage. The same way the companies that pay many of the above proclaimed salaries recieve, have huge tax write-offs.
None of you can sit on the moral high ground. Just because you earn PAYE, it doesn't mean the organisation with which your working for, isn't (shall we say) embellishing taxable expidture rules."
We actually can sit on the moral high ground because we, personally, are not trying to evade, avoid or dodge tax. We’re doing our part.
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"People bragging about not paying tax gives me the ick
Do you mean not paying tax on earnings, ie breaking the law?
Seems it’s fine for tradesmen and others to break the law and not pay tax or VAT, Everyone I’ve ever dealt with prefers cash and no receipts or VAT. Same with all the new self employed, the grey economy in the UK, starving the NHS, stealing from it, while complaining about it.
But when wealthily people legally reduce tax they are critised. I think there’s a bit of hypocrisy there.
I pay 45% on UK income & don’t even qualify for a personal allowance . I’m not happy about it, it’s crap value for money , mostly wasted by incompetent MP’s on wokery pokery.
Tax dodging annoys me. Not necessarily the act, more so the hypocrisy of it. It seems those who dodge tax the most are also the people who are most vocal about the country, the government and services.
You say dodging some say avoidance
And some use the system to their advantage. The same way the companies that pay many of the above proclaimed salaries recieve, have huge tax write-offs.
None of you can sit on the moral high ground. Just because you earn PAYE, it doesn't mean the organisation with which your working for, isn't (shall we say) embellishing taxable expidture rules.
We actually can sit on the moral high ground because we, personally, are not trying to evade, avoid or dodge tax. We’re doing our part.
"
Assuming your not speaking from a shop floor level. Some of the % salaries discussed above place certain individuals much higher up the hierarchy. The higher you climb, the more you become complacent. The bigger the cog in the machine you become for the corporate world. |
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Assuming you’re not speaking from a shop floor level. Some of the % salaries discussed above place certain individuals much higher up the hierarchy. The higher you climb, the more you become complacent. The bigger the cog in the machine you become for the corporate world."
And that has to do with what? |
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"People bragging about not paying tax gives me the ick
Do you mean not paying tax on earnings, ie breaking the law?
Seems it’s fine for tradesmen and others to break the law and not pay tax or VAT, Everyone I’ve ever dealt with prefers cash and no receipts or VAT. Same with all the new self employed, the grey economy in the UK, starving the NHS, stealing from it, while complaining about it.
But when wealthily people legally reduce tax they are critised. I think there’s a bit of hypocrisy there.
I pay 45% on UK income & don’t even qualify for a personal allowance . I’m not happy about it, it’s crap value for money , mostly wasted by incompetent MP’s on wokery pokery.
Tax dodging annoys me. Not necessarily the act, more so the hypocrisy of it. It seems those who dodge tax the most are also the people who are most vocal about the country, the government and services.
You say dodging some say avoidance
And some use the system to their advantage. The same way the companies that pay many of the above proclaimed salaries recieve, have huge tax write-offs.
None of you can sit on the moral high ground. Just because you earn PAYE, it doesn't mean the organisation with which your working for, isn't (shall we say) embellishing taxable expidture rules.
We actually can sit on the moral high ground because we, personally, are not trying to evade, avoid or dodge tax. We’re doing our part.
Assuming your not speaking from a shop floor level. Some of the % salaries discussed above place certain individuals much higher up the hierarchy. The higher you climb, the more you become complacent. The bigger the cog in the machine you become for the corporate world."
I’ve never worked in tax but I know revenue recognition and I’ve fought lots of board room battles to defend high amounts of deferred rev when it’s clear it’s the correct treatment but people want more profits than are due.
There are rules to follow, they are not difficult to understand. There is very little wiggle room before materiality kicks in |
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"
What all those people don’t realise is that it only takes one disgruntled client or neighbour to make that call and they will not have a clue what is hit them. Once they decide they are interested in you your life becomes Hell, They will go back to Years & Years, They will calculate based on what the worst case scenario is and then it’s up to you to start proving expenses and tax deductible, And if you don’t pay on time they will find you at interest and ultimately send you to prison.
I sleep very well at night knowing my accountant does everything by the book"
I know of 3 people who have been financially ruined by IR35 investigations as a result of their dodgy practices.
Due to association with one of them working for me briefly I was also investigated. Thankfully I have a good accountant and I also sleep well knowing I do it all by the books and pay what I owe. Not worth it for what is not really a huge amount saved in dividend tax. |
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"High earner.
It's taken me 20 years to master my trade for which I'm now well renumerated.
Exactly people are paying for the 20 years not the 20 minutes "
Doesn’t matter whether you are an engineer skilled tradesperson, A doctor or a consultant or something or other. Can you put in 20 to 30 years of hard work you should be earning megabucks |
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We’re both lucky to be in the upper bracket.
Just took a reasonable pay cut recently to get a better work life balance and a dream job so it’s not all about money.
We’re comfortable but still have to plan big expenditures. |
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"I’m not going to lie, I’m not going to big myself up, I’m probably in the lower 10%.
Life is for living, not working.
I pay my way, only debt is mortgage, only benefit we claim in child benefit (which has always been invested in a child isa), we still have a nice car, 2 holidays a year and I work as little as I can get away with, haven’t and won’t do over time in over 10 years and never been happier.
Don’t need money to be happy."
100% this! I was earning well into the 40% bracket,5-6 days a week and now I do 3…that’s it
Money is amazing to have and I understand that
You can always earn more money, but you know what you can’t earn?….time….my time is more precious than money to me
|
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"I’m not going to lie, I’m not going to big myself up, I’m probably in the lower 10%.
Life is for living, not working.
I pay my way, only debt is mortgage, only benefit we claim in child benefit (which has always been invested in a child isa), we still have a nice car, 2 holidays a year and I work as little as I can get away with, haven’t and won’t do over time in over 10 years and never been happier.
Don’t need money to be happy.
100% this! I was earning well into the 40% bracket,5-6 days a week and now I do 3…that’s it
Money is amazing to have and I understand that
You can always earn more money, but you know what you can’t earn?….time….my time is more precious than money to me
"
I recently read die with zero and figured I have made enough. The problem is when you earn a lot you feel like you lose a lot of you stop but time is way more precious than money |
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I do wish someone had told me how to get ahead in life when I was younger. Being told not to wank my teenage earnings would have been immensely helpful my friend now has a mortgage thanks to her being frugal (and her parents helping a bit). Just feels like there's no upwards spiral |
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I'm from a council estate but would imagine I am in the top 5% in the UK.
However, I would say that I work extremely long hours, with excessive travel, and it's my kids who are rich on the back of my efforts.
My intention is that I will retire in a few years, with a very modest house, and a reasonable pension, to see me out.
My kids on the other hand will be mortgage free, be able to make life choices, and take opportunities for most of their lives that, neither I, nor my parents, or grandparents, ever could!!
Hopefully they do it wisely ... I think they will ... so my job is done ... I hope  |
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"I do wish someone had told me how to get ahead in life when I was younger. Being told not to wank my teenage earnings would have been immensely helpful my friend now has a mortgage thanks to her being frugal (and her parents helping a bit). Just feels like there's no upwards spiral "
Our son has been educated about saving and being careful but he's still spaffed his money away. It doesn't always successfully influence the situation, unfortunately. |
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"I do wish someone had told me how to get ahead in life when I was younger. Being told not to wank my teenage earnings would have been immensely helpful my friend now has a mortgage thanks to her being frugal (and her parents helping a bit). Just feels like there's no upwards spiral
Our son has been educated about saving and being careful but he's still spaffed his money away. It doesn't always successfully influence the situation, unfortunately. "
Bless you, yes I can imagine it's not that simple! |
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By *929Man 30 weeks ago
bedlington |
"I do wish someone had told me how to get ahead in life when I was younger. Being told not to wank my teenage earnings would have been immensely helpful my friend now has a mortgage thanks to her being frugal (and her parents helping a bit). Just feels like there's no upwards spiral
Our son has been educated about saving and being careful but he's still spaffed his money away. It doesn't always successfully influence the situation, unfortunately. "
True, i drummed the exact same message into both my sons one is great with his money and has savings despite being 16, the other is 22 and hasn’t got a pot to piss in. We can educate all we want but if they listen or not is a different story |
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Neither. I work hard. I enjoy life. I’ve struggled and I’ve not struggled. I pay my way with what I earn and ask nothing of no one. I contribute to society with the taxes I pay but more importantly with my attitude to help others as much as I can when I am able to.
Everything else is my own business OP 
Namaste |
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By *ucsherMan 30 weeks ago
Stevenage/Uxbridge |
I see lots of comments saying that working less and having a lower income is correlated to being happier.
My personal experience is that the more monetary wealth I have accumulated, the more time I've bought myself.
I've always thought everybody's goal is to earn more money by working less but I stand corrected! |
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"I see lots of comments saying that working less and having a lower income is correlated to being happier.
My personal experience is that the more monetary wealth I have accumulated, the more time I've bought myself.
I've always thought everybody's goal is to earn more money by working less but I stand corrected! "
More and more people are realising what time is more important than money.
Sure being poor I’m not having enough for your needs, or being in debt, makes you very unhappy no one would dispute that. But once you have enough , and no debts, there are huge diminishing returns regarding more money to more happiness, If anything more money brings more unhappiness and pressure for many. |
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I need someone to fund my mobility aid habit 
I changed career some time ago, took a massive pay cut, but still love what i do now 
