Reply to: The real tax scandal

[NigelJK]

Given that the last 4 encounters with 'these people' have all worked both NHS and private I'd say that there should be limits on what 'overtime' they should be allowed to do. I'm aware that they will play the 'not enough of us' card but IME it's the lack of recovery staff and/or beds that dictate the limits. Putting an arbitrary sanction in place if the queue is seen as too long is the wrong measure.

[Zigenare]

Are you caught in the 60% tax trap? | UK news | The Guardian

And these people in question will also face extra tax for exceeding moronic pension rules, all that taken together makes it a scam

You could always vote with your feet.

[AtW]

If I read it right there is now an effective tax rate of 60% for earners over 100K. It could be worse.

Plus extra tax on top if you happen to be breaching pension savings limits.

Yes, it could be worse, but don't expect these people to give you a heart bypass on weekend because they got no obligation to work for free or pay to turn up at their job.

[NigelJK]

If I read it right there is now an effective tax rate of 60% for earners over 100K. It could be worse.

[BrilloPad]

It’s not just pension but 100-125k scam with crazy marginal rate of tax, there is basically no point to work overtime for them and I can’t blame them - it’s the system that’s fooked and now it will be fooking patients

In some cases they would give up time with their family and pay for the priveledge!

Its what happens when tax system is too complicated.

[AtW]

I've not been able to find this out (and I'm behind on reading my PE), whats the actual 'scam' here then?

Are you caught in the 60% tax trap? | UK news | The Guardian

And these people in question will also face extra tax for exceeding moronic pension rules, all that taken together makes it a scam

[NigelJK]

It’s not just pension but 100-125k scam with crazy marginal rate of tax

I've not been able to find this out (and I'm behind on reading my PE), whats the actual 'scam' here then?

[AtW]

In all of the coverage I note that actual figures are absent. This is gripe from those who, 12 months ago, were told that any pension contributions over £80K per annum would not attract tax relief. Make your own mind up about how impoverished these 'workers' are.

If they turn down work (which they do) then it’s a tax loss and service (vital) not provided.

It’s not just pension but 100-125k scam with crazy marginal rate of tax, there is basically no point to work overtime for them and I can’t blame them - it’s the system that’s fooked and now it will be fooking patients

[NigelJK]

In all of the coverage I note that actual figures are absent. This is gripe from those who, 12 months ago, were told that any pension contributions over £80K per annum would not attract tax relief. Make your own mind up about how impoverished these 'workers' are.

[SueEllen]

Under Bliar top rate of tax was 40%, capital gains had taper relief, house prices were half or 2/3 off!

Thank his chancellor's knowledge of history...

[AtW]

Under Bliar top rate of tax was 40%, capital gains had taper relief, house prices were half or 2/3 off!

[RetSet]

It’s Tory Scum Britain - it was under the “pro-business” Govt that reduced pension allowances so much and it was them who did not fix crazy marginal taxes between 100-125k, introduced by Liebour

Sadly the party in power now that calls itself Conservative, isn't. Apart from being better at balancing the budget than the last Labour administration, it's probably more 'Liberal/ Socialist/ Progressive/ Whatever Lefty' than when Blair was at the helm.

So, what you are complaining about is a symptom of the fact that the Tories aren't running the country.

[AtW]

welcome to socialist Britain, where those who can't work, don't, and those who can work, are taxed out of work.

It’s Tory Scum Britain - it was under the “pro-business” Govt that reduced pension allowances so much and it was them who did not fix crazy marginal taxes between 100-125k, introduced by Liebour

[ChimpMaster]

welcome to socialist Britain, where those who can't work, don't, and those who can work, are taxed out of work.

[JohntheBike]

Read here

Skilled professionals are incentivised NOT to work due to punitive levels of tax.

Note - they are doing the honest thing: avoid work, not “avoid tax” by using some of the obviously dodgy “schemes” that should have been rightfully classified as tax evasion, with appropriate criminal penalties applied starting from those who design them and all the way to the users.

Just reported on the lunchtime news.