shortcrust Posted April 24, 2011 Share Posted April 24, 2011 There are 20 month a year in your calendar-clearly you do not earn £60k net pa :loopy:In case you haven't noticed, people generally talk about gross income in the UK. The figures I gave were what you would have if you deducted tax and ni from a £60,000 income. Link to comment Share on other sites More sharing options...
denlin Posted April 24, 2011 Share Posted April 24, 2011 They might have gotten a rebate from the Council due to their plight. Rebate? my CT is £98 per month, £112 sounds right for 3 bedroom:huh: Link to comment Share on other sites More sharing options...
Harleyman Posted April 24, 2011 Share Posted April 24, 2011 The DM had an article the other day which had me in tears. It featured a family 2+2 young ones who were having to downsize from a 4 bed house in a posh area to a 3 bed in a less salubrious area. They were having to give up holidays, shop in Lidls instead of Waitrose and could just afford a bottle of wine now and then. Mortgage £1000, utilities £100, CT £112, petrol £120 a month, child care £500. All this on ONLY, YES ONLY on £60,000 a year. Another couple were finding difficult to save for a house deposit on a combined salary of £69,000. Makes you wonder how the other half live. Are these people French or English or why the title in French ? Link to comment Share on other sites More sharing options...
gnvqsos Posted April 24, 2011 Share Posted April 24, 2011 Who said it was £60K net? The DM had an article the other day which had me in tears. It featured a family 2+2 young ones who were having to downsize from a 4 bed house in a posh area to a 3 bed in a less salubrious area. They were having to give up holidays, shop in Lidls instead of Waitrose and could just afford a bottle of wine now and then. Mortgage £1000, utilities £100, CT £112, petrol £120 a month, child care £500. All this on ONLY, YES ONLY on £60,000 a year. Link to comment Share on other sites More sharing options...
gnvqsos Posted April 24, 2011 Share Posted April 24, 2011 :loopy:In case you haven't noticed, people generally talk about gross income in the UK. The figures I gave were what you would have if you deducted tax and ni from a £60,000 income. The ambiguity is all yours by failing to specify.At £60k pa with personal allowance of £10k,you pay taxon £50k.The first £30k at 20pc(£6000),the next £20 at 40pc(£8000) leaves£46k or about £3,800 pcm.However you have omitted child benefit and other sources of income.I do hope you are not HMRC or ATI,as it will be bad news all round. Link to comment Share on other sites More sharing options...
altus Posted April 24, 2011 Share Posted April 24, 2011 The DM had an article the other day which had me in tears. It featured a family 2+2 young ones who were having to downsize from a 4 bed house in a posh area to a 3 bed in a less salubrious area. They were having to give up holidays, shop in Lidls instead of Waitrose and could just afford a bottle of wine now and then. Mortgage £1000, utilities £100, CT £112, petrol £120 a month, child care £500. All this on ONLY, YES ONLY on £60,000 a year. I still don't see any reference to net. As shortcrust mentioned, people generally talk about gross salaries in the UK. Link to comment Share on other sites More sharing options...
altus Posted April 24, 2011 Share Posted April 24, 2011 Are these people French or English or why the title in French ? It's a pun on nouveau riche. It's the new poor instead of the new rich. Link to comment Share on other sites More sharing options...
gnvqsos Posted April 24, 2011 Share Posted April 24, 2011 I still don't see any reference to net. As shortcrust mentioned, people generally talk about gross salaries in the UK. What people do or do not do is a matter for speculation.Most people think Jesus is a christian.People believed the earth was flat. In my view my pay is net pay,gross pay is meaningless as it can be reduced by deductions such as tax and NI. Link to comment Share on other sites More sharing options...
gnvqsos Posted April 24, 2011 Share Posted April 24, 2011 It's a pun on nouveau riche. It's the new poor instead of the new rich. It is sad when wit has to be explained,although I suspect the original question contained a trace of irony. Link to comment Share on other sites More sharing options...
HeadingNorth Posted April 24, 2011 Share Posted April 24, 2011 What people do or do not do is a matter for speculation.Most people think Jesus is a christian.People believed the earth was flat. In my view my pay is net pay So your view carries the weight of law, but the majority view is just an opinion and should be ignored? Link to comment Share on other sites More sharing options...
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