this new income tax

[kwak zzr]

is it for real? thats daylight robbery! i gonna be paying ?17 per week more tax (70pm)? surely the government cant do that? is it worth working at all?

[metalmonkey]

I have no idea about the change will bring....I'm sure I'll find out on the next pay cheque but I notice that lose about 30ish% of what I earn, normally more as I tend to do overtime. For me by the time I have payed tax, it doesn't work out that much:( But yes given the choice of working or doing nothing, I would work, having been layed off in the past and over month of work last year do nothing gets to me.

[MiniMatt]

Note that it'll be about June before pay packets fully reflect the change as allowances and NI contributions are also changing and everything'll take a couple of months to settle down. So sayeth the grey haired economist on brekky news.

[Razor]

I'll be paying less tax, I think it's quite spiffing.