Page 1 of 2
Posted: Mon Sep 01, 2008 6:57 am
by caraf
Hi
Everyone who is on a L tax code with be better off this month as the personal allowance changes. We will all get a lump sum of 60.00 this month and then an extra 10.00 per month for the next 6 months.
Do we have to pay this over to our IP's ????
Posted: Mon Sep 01, 2008 7:09 am
by angela18
Hi Caraf.. I would imaging it would count in as your overtime/bonus clause, but it will be well within the 10% for me
Posted: Mon Sep 01, 2008 7:31 am
by kallis3
It's within the 10% for me as well, so shouldn't make a difference.
Posted: Mon Sep 01, 2008 7:55 am
by kallis3
Morning h. First day of autumn today - where is the year going?
We should all be getting this refund. It's to do with Mr Brown taking the 10p tax band off us, then realising he had probably done the wrong thing. He has re-instated it for the remainder of the tax year, so it's £60 in September and then £10 per month for the remainder of the time.
I shall be putting mine and hub's towards Christmas.
Posted: Mon Sep 01, 2008 8:40 am
by angela18
its for everybody.. your personal allowance will go up from 5435 to 6035 tax free for the year.. you will be taxed at 20% on anything you earn over 502.91 per month or 116.05 per week.. hope this helps
Posted: Mon Sep 01, 2008 8:48 am
by angela18
you'll have a fab time.. especially as you love all the storms (nutter!!) looks really scary on the news.. just can't imagine living somewhere where you have to board up your homes.. with the risk of it being destroyed!! How do they cope?
Posted: Mon Sep 01, 2008 8:54 am
by angela18
I would move.. give me rainy England anyday.. at least we are safe compared to them.. hope you still get there.. [8D]
Posted: Mon Sep 01, 2008 9:05 am
by LoneRanger
If this is for everyone, what about unlucky people like me who are out of work and may still not earn anything this month?
Posted: Mon Sep 01, 2008 9:06 am
by LoneRanger
I know its a tax thing and if you dont earn you dont pay it so it cant be reduced...etc etc. Not really wuite sure why i asked the question, pretty silly really. It makes sense now.
Posted: Mon Sep 01, 2008 9:08 am
by kallis3
It would certainly be an experience H. You may well either witness one or be on the outer fringes, it is that time of year.
What must be amazing is when the eye passes over and it becomes calm, and then the wind starts again going in the opposite direction. How weird must that be.
I'd love to fly above one and look down into it.
Posted: Mon Sep 01, 2008 9:09 am
by angela18
you should get yours once you start working, and start paying tax.. its for all taxpayers, if you've worked in this tax year you may be able to claim some back.. call your tax office
Posted: Mon Sep 01, 2008 9:13 am
by flashingblade
oohhh i hope my hubby gets his £60 in this weeks wage on thurs, he gets paid weekly.
Posted: Mon Sep 01, 2008 9:24 am
by kallis3
Bargain ladyh!
Lots of hurricanes about then. You might be lucky!
Posted: Mon Sep 01, 2008 9:31 am
by angela18
I just got daughter Ipod docking station for birthday.. same colour as her pink Ipod.. bargain off EBAY £12 plus postage.. not bad as dearer in shops as this has mains as well
Posted: Mon Sep 01, 2008 12:17 pm
by facingittogether
woo hoo! thats cheered me up at work on a monday!
thanks for that!
BARB X