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rg1

  • Posts: 1356
Re: 21% Tax?
« Reply #20 on: March 15, 2010, 03:00:12 pm »
Quote from: daz1977 on March 13, 2010, 01:28:58 pm
whats tax and ni?

Something you dont pay if your a polotician. ;)
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The pen is mightier than the sword (and a lot easier to write with!)

C.C.W.C

  • Posts: 123
Re: 21% Tax?
« Reply #21 on: March 15, 2010, 09:14:40 pm »
If you think about it our taxes are going to the doleys who then pay us back our own money to clean there windows...
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JSMC

  • Posts: 3511
Re: 21% Tax?
« Reply #22 on: March 15, 2010, 09:21:55 pm »
what ye all paying on yer NI? mines is 30 odd quid a quarter.
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paul rulton

Re: 21% Tax?
« Reply #23 on: March 15, 2010, 09:28:03 pm »
Quote from: JSMC on March 15, 2010, 09:21:55 pm
what ye all paying on yer NI? mines is 30 odd quid a quarter.
same here m8 :)
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JSMC

  • Posts: 3511
Re: 21% Tax?
« Reply #24 on: March 15, 2010, 09:48:31 pm »
don't see why i should pay more considering i been paying a feckin fortune into it sinc eleaving scholl
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♠Winp®oClean♠

  • Posts: 4085
Re: 21% Tax?
« Reply #25 on: March 15, 2010, 09:49:24 pm »
Quote from: JSMC on March 15, 2010, 09:21:55 pm
what ye all paying on yer NI? mines is 30 odd quid a quarter.

Yeah, that's your class 2

Your class 4 is a stealth tax of 8% on profit over just under 6k.

So, 20% income tax + 8% class 4 NI. that's on top of your £30-odd per quarter, car tax, insurance premium tax, council tax, vat on purchases etc. etc.

Warning to newbies- get your pricing right!!  Happy days. ;D
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