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Todays Mini-Budget

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Post by JKLever Mon Nov 24, 2008 9:45 pm

So, any of you £150k a year earners looking forward to paying 45p in the pound to the government? Very Happy

Merlin?
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Post by tac Mon Nov 24, 2008 9:46 pm

Phurt, Lever . . . I was paying more than that in Oz . . . .
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Post by JKLever Mon Nov 24, 2008 9:50 pm

Heh...

What are the rates in Oz btw? What's the VAT rate too?
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Post by tac Mon Nov 24, 2008 10:07 pm

something like $50,000 + 45% for each $1 over $150,000 + 1.5%Medicare levy + 1%additional medicare levy . . . and 10% VAT . . .
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Post by Para Batsman Mon Nov 24, 2008 10:11 pm

_____________________________________________-


The sliding scale rates for the 2008-09 Tax year are:
0% From 0 to 6,000
15% From 6,001 to 34,000
30% From 34,001 to 80,000
40% From 80,001 to 180,000
45% Above 180,000


VAT10%

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Post by JKLever Mon Nov 24, 2008 10:24 pm

10% VAT........ fark!

Rip-off Britain indeed.
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Post by taipan Mon Nov 24, 2008 10:25 pm

14% over here
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Post by holcs Tue Nov 25, 2008 6:11 am

So what were the net results of this tax breaks, thats going to mean we pay loads more back in a couple of years?
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Post by Basil Tue Nov 25, 2008 7:38 am

My youngest who is nine months away from starting school will probably be at High School before the budget is back in balance.

Holy shite!
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Post by Zat Tue Nov 25, 2008 7:43 am

Why is the phrase 'Mini-budget' never accompanied by the phrase 'Good news'?

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