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Cost of living

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L
L
Posts: 5656
Joined: 10th Jun 2004
Location: UK
quotePosted at 22:00 on 6th June 2008
Hear Hear!! Ron,  as those old codgers in the Houses of Parliament (well....those who are awake!!) would say.
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Peter Evans
Peter Evans
Posts: 3863
Joined: 20th Aug 2006
Location: UK
quotePosted at 22:47 on 6th June 2008
Lyn, PC in my case, I'm not politicaly correct. Just like my spelling. he he he.
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Peter Evans
Peter Evans
Posts: 3863
Joined: 20th Aug 2006
Location: UK
quotePosted at 22:58 on 6th June 2008

Back to the cost of living. If they cant up the cost of living enough, then they lower you tax code.

The wife just retired as I told you, her tax code dropped from 570 L to 7 H. If she does any part time work she can only earn £1 a month before tax. That takes her below the basic rate for a single person. I myself had my tax code dropped when I was registered dissabled. I claimed my private pension, so as not too claim family income support. They now reduce my dissability living allowance by £15 per week. What is left, they add to my pension, and tax me on the lot. If I had not claimed my pension, but claimed family income support, I would have about £180 per week extra and no tax deducted. I dont need an increase in the cost of living to reduce my weekly income. The tax man does it for me. Bummer or what?

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L
L
Posts: 5656
Joined: 10th Jun 2004
Location: UK
quotePosted at 08:40 on 12th June 2008

That's life I'm afraid if you're British born and bred and paid your way all the time you were working, paid your taxes and never got in debt Peter...very fair eh? Frown

Petrol here is still going up by 2p every other day, £1.16 ltr yesterday, how can us who live in rural areas get anywhere without driving when there's NO public transport??? I HAVE to drive to get to work!

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Peter Evans
Peter Evans
Posts: 3863
Joined: 20th Aug 2006
Location: UK
quotePosted at 11:22 on 12th June 2008
How about a horse and cart Lyn. Ask Denzil, I bet he can get one for you.
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L
L
Posts: 5656
Joined: 10th Jun 2004
Location: UK
quotePosted at 22:00 on 12th June 2008
Thats an excellent idea Peter, DENZIL!!!.... got any going spare??
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Peter Evans
Peter Evans
Posts: 3863
Joined: 20th Aug 2006
Location: UK
quotePosted at 23:24 on 12th June 2008
A bonus with the horse lyn, free fertilizer for your roses. Lol
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Mark Corby
Mark Corby
Posts: 25
Joined: 23rd Mar 2008
Location: UK
quotePosted at 22:17 on 13th March 2009

The tax on beer  and alcohol was originally a world war one TEMPORARY tax because munitions workers were supposedly getting drunk in their dinner break and making faulty ammunition.

The shortage of quality ammuntion was blamed particularly for failure in battles around 1915. Needless to say its still here .

Good old GB used to have a daylight or window tax where you got taxed according to how much daylight your windows let in.(I'm amazed they havent bought that one back, they tax everything else)

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Mark Corby
Mark Corby
Posts: 25
Joined: 23rd Mar 2008
Location: UK
quotePosted at 22:22 on 13th March 2009

Basically in UK you have to work for about 8 years and save every penny of it to afford to buy an average house(based on average earnings and average house price).

The average earnings figure is about twice as high as real though because it takes into account EVERYONE paid a wage including bosses of banks on millions of pounds bonus per year, directors getting paid millions etc.

I get paid £11k a year  for a 40 hr week which is often 60 hours and your cheapest houses are around £100k.

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Paul HiltonPremier Member - Click for more info
Paul Hilton
Posts: 2605
Joined: 21st Nov 2004
Location: UK
quotePosted at 07:19 on 14th March 2009

£11,000 per year for a 40 hour week ( let alone working any additional hours) is working on an average hourly rate below the legal minimum wage as of the 1st Oct. 2008 for those aged aged 22 and over, which is £5.73 per hour.

http://www.berr.gov.uk/whatwedo/employment/pay/national-minimum-wage/index.html



Edited by: Paul Hilton at:14th March 2009 07:21
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