voice
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Goals are a form of self inflicted slavery
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Post by voice on Jul 11, 2019 18:00:41 GMT
I must admit to not understading the confusing and convoluted tax rules the gov introduced in 2016, but have to say if I work my usual shift and get $50 an hour, but do overtime and end up with $30 and hour I'm not working overtime.
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Post by perrykneeham on Jul 11, 2019 18:13:50 GMT
Fair enough. But you wouldn't be losing money if you did, would you?
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voice
New Member
Goals are a form of self inflicted slavery
Posts: 41,225
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Post by voice on Jul 11, 2019 21:27:56 GMT
I suppose if the rules made the entire shift work out to be $30 an hour rather than just the overtime it's possible I could.
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Post by Minge är en jävla besserwisser on Jul 11, 2019 22:39:05 GMT
I must admit to not understading the confusing and convoluted tax rules the gov introduced in 2016, but have to say if I work my usual shift and get $50 an hour, but do overtime and end up with $30 and hour I'm not working overtime. Absolutely fair, but that's because you can't be arsed to work for £30 an hour, not because you can't afford to. |
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voice
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Goals are a form of self inflicted slavery
Posts: 41,225
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Post by voice on Jul 11, 2019 22:46:00 GMT
true enough, though how many of us would really say its acceptable to get paid less to do overtime? In my present contract I get paid time and half for OT, so $75 per hour, no way would I do it if I ended up getting only $30 for the OT or even $30ph for the entire shift. Now that I could not afford.
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Post by Repat Van on Jul 12, 2019 2:30:23 GMT
*shrugs*
Without evidence to the contrary I am going to trust people to understand their own financial situation.
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Post by perrykneeham on Jul 12, 2019 6:08:50 GMT
I suppose if the rules made the entire shift work out to be $30 an hour rather than just the overtime it's possible I could. Nonsense. You'd still be up $30. But welcome to the world of progressive taxation.  |
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Post by perrykneeham on Jul 12, 2019 6:10:39 GMT
*shrugs* I thought I had a point, but didn't. |
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Post by Repat Van on Jul 12, 2019 6:48:32 GMT
*shrugs* I thought I had a point, but didn't. It's weird that you don't think people can see the original.... |
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Post by perrykneeham on Jul 12, 2019 6:54:11 GMT
You've wasted an awful lot of pixels on saying nothing.
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Post by Minge är en jävla besserwisser on Jul 12, 2019 7:06:13 GMT
true enough, though how many of us would really say its acceptable to get paid less to do overtime? In my present contract I get paid time and half for OT, so $75 per hour, no way would I do it if I ended up getting only $30 for the OT or even $30ph for the entire shift. Now that I could not afford. The issue is this. Assume I earn £150k, the NHS pay £30k into my pension. My annual allowance is £40k so no tax. However if I then do £60k of overtime that overtime won't generate further pension contributions. However my earnings are now £210k so my annual allowance is now £10k and so I have overpaid by £20k which triggers an £8k tax bill. So I am effectively paying a 53% marginal rate. I've no idea whether the overtime generates pension contributions or not but in principal that's the issue> laffer curve anyone? |
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voice
New Member
Goals are a form of self inflicted slavery
Posts: 41,225
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Post by voice on Jul 12, 2019 15:56:20 GMT
Ah, that's a bit clearer
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voice
New Member
Goals are a form of self inflicted slavery
Posts: 41,225
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Post by voice on Jul 13, 2022 2:00:59 GMT
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Post by perrykneeham on Jul 13, 2022 5:19:43 GMT
I think she's trolling the NHS. That's a civilian award for non-combatants.
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mids
New Member
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Post by mids on Jul 13, 2022 6:14:12 GMT
"George Cross medal".
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voice
New Member
Goals are a form of self inflicted slavery
Posts: 41,225
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Post by voice on Feb 21, 2023 19:39:53 GMT
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mids
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Posts: 60,994
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Post by mids on Feb 21, 2023 20:02:12 GMT
Safe in Tory hands. SiTH.
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Post by Repat Van on Feb 22, 2023 1:07:25 GMT
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Post by perrykneeham on Mar 4, 2023 14:28:59 GMT
Could it just be that there's more than enough money being spent on the NHS to go round, but the problem is with another, more successful trade union and their cynical, grasping members? www.bbc.co.uk/news/health-64827246 |
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voice
New Member
Goals are a form of self inflicted slavery
Posts: 41,225
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Post by voice on Mar 4, 2023 14:41:08 GMT
Not really no, as it's easly avoided by giving nurses a decent pay rise and the gov not using very expensive strike breakers.
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