| Taxi Driver Online http://www.taxi-driver.co.uk/phpBB2/ |
|
| DOH..... http://www.taxi-driver.co.uk/phpBB2/viewtopic.php?f=1&t=24777 |
Page 1 of 2 |
| Author: | wannabeeahack [ Fri Jul 18, 2014 7:46 pm ] |
| Post subject: | DOH..... |
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" 
|
|
| Author: | Nidge2 [ Sat Jul 19, 2014 7:02 am ] |
| Post subject: | Re: DOH..... |
wannabeeahack wrote: 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" We've got some of them round here, I wonder if HMRC know about their illegal earnings?? |
|
| Author: | grandad [ Sat Jul 19, 2014 7:23 am ] |
| Post subject: | Re: DOH..... |
Nidge2 wrote: wannabeeahack wrote: 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" 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. |
|
| Author: | wannabeeahack [ Sat Jul 19, 2014 8:25 am ] |
| Post subject: | Re: DOH..... |
Nidge2 wrote: wannabeeahack wrote: 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" We've got some of them round here, I wonder if HMRC know about their illegal earnings?? 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 |
|
| Author: | wannabeeahack [ Sat Jul 19, 2014 8:26 am ] |
| Post subject: | Re: DOH..... |
grandad wrote: Nidge2 wrote: wannabeeahack wrote: 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" 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. well obviously he does, and he wont need pension credits will he plus the base hold N.I. numbers too.... |
|
| Author: | grandad [ Sat Jul 19, 2014 9:03 am ] |
| Post subject: | Re: DOH..... |
wannabeeahack wrote: grandad wrote: If he pays tax on his earnings he is doing nothing illegal. well obviously he does, and he wont need pension credits will he plus the base hold N.I. numbers too.... 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. |
|
| Author: | skippy41 [ Sat Jul 19, 2014 11:25 am ] |
| Post subject: | Re: DOH..... |
grandad wrote: wannabeeahack wrote: grandad wrote: If he pays tax on his earnings he is doing nothing illegal. well obviously he does, and he wont need pension credits will he plus the base hold N.I. numbers too.... 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. Quote: I have a retired army Captain working for me. He does around 20 hours a week PAYE.[/ Is that the only time the base works like clockwork  and everything's in triplicate
|
|
| Author: | grandad [ Sat Jul 19, 2014 2:54 pm ] |
| Post subject: | Re: DOH..... |
skippy41 wrote: grandad wrote: Quote: I have a retired army Captain working for me. He does around 20 hours a week PAYE.[/ Is that the only time the base works like clockwork and everything's in triplicateI don't know about clockwork but everything he does and everything we ask he to do is written down, not always in triplicate though. 
|
|
| Author: | c4bby [ Sat Jul 19, 2014 3:22 pm ] |
| Post subject: | Re: DOH..... |
wannabeeahack wrote: 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" How about suggesting to him to strike up a pen friend thing with Skull, I'm sure that will keep him entertained 
|
|
| Author: | Nidge2 [ Tue Jul 22, 2014 5:17 am ] |
| Post subject: | Re: DOH..... |
grandad wrote: Nidge2 wrote: wannabeeahack wrote: 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" 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. 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. |
|
| Author: | wannabeeahack [ Sun Jul 27, 2014 9:07 pm ] |
| Post subject: | Re: DOH..... |
Nidge2 wrote: 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? |
|
| Author: | grandad [ Mon Jul 28, 2014 2:11 am ] |
| Post subject: | Re: DOH..... |
Nidge2 wrote: 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. £36,400 per year less £10,000 personal allowance does not put someone into the higher tax bracket. |
|
| Author: | wannabeeahack [ Mon Jul 28, 2014 8:22 am ] |
| Post subject: | Re: DOH..... |
grandad wrote: Nidge2 wrote: 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. £36,400 per year less £10,000 personal allowance does not put someone into the higher tax bracket. 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 |
|
| Author: | grandad [ Mon Jul 28, 2014 9:37 am ] |
| Post subject: | Re: DOH..... |
wannabeeahack wrote: grandad wrote: Nidge2 wrote: 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. £36,400 per year less £10,000 personal allowance does not put someone into the higher tax bracket. 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 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. |
|
| Author: | wannabeeahack [ Mon Jul 28, 2014 10:55 am ] |
| Post subject: | Re: DOH..... |
But he would have to include all income, pensions (2) and any interest, he could be close.... |
|
| Page 1 of 2 | All times are UTC [ DST ] |
| Powered by phpBB® Forum Software © phpBB Group http://www.phpbb.com/ |
|