Taxi Driver Online

Speaking to another driver today, he rents a car, £57 a day, 5 days a week...

hes fed up cos hes only getting £400 after paying everything for 60 hours a week


Hes 69 and doesnt touch the money cos hes got his state and private pension!


I asked why he does it the, "cos id get bored"

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Of all the things ive lost, i miss my mind the most

We've got some of them round here, I wonder if HMRC know about their illegal earnings??

If he pays tax on his earnings he is doing nothing illegal.

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Grandad,

i bet its under his bed in a shoebox

would i do 60 hours if i didnt need to?

would i hell

silly od fart

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Of all the things ive lost, i miss my mind the most

well obviously he does, and he wont need pension credits will he

plus the base hold N.I. numbers too....

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Of all the things ive lost, i miss my mind the most

Depending on his private pension, he may not qualify for pension credit. He won't be paying any national insurance, just tax on the lot.
I have a retired army Captain working for me. He does around 20 hours a week PAYE.

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Grandad,

quote]

Is that the only time the base works like clockwork and everything's in triplicate

I don't know about clockwork but everything he does and everything we ask he to do is written down, not always in triplicate though.

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Grandad,

How about suggesting to him to strike up a pen friend thing with Skull, I'm sure that will keep him entertained

I bet he's only declaring £50 per week, state and private pension plus his earnings I bet he's raking in over £700 per week which puts him in the high tax bracket.

Gosh Nige, do people do that kinda thing?

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Of all the things ive lost, i miss my mind the most

£36,400 per year less £10,000 personal allowance does not put someone into the higher tax bracket.

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Grandad,

isnt 40% from £32K?


Your taxable income includes:

all pension income (including State Pension)
employment/self-employment income if you keep working
almost all bank and building society interest (the 'gross' amount before tax is taken off)
dividends (income from shares)
income from property after expenses - but not the first £4,250 if you rent out a furnished room in your house (£2,125 if split jointly between you and your partner)
income from abroad (overseas pensions have a 10% deduction so you're only taxed on 90% of the total amount)
some benefits, including Carer's Allowance, Employment and Support Allowance and Incapacity Benefit

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Of all the things ive lost, i miss my mind the most

On earnings of £36,400 you take off the personal allowance of at least £10,000 sotax is only payable on £26,400 So that makes it basic rate.

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Grandad,

But he would have to include all income, pensions (2) and any interest, he could be close....

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Of all the things ive lost, i miss my mind the most