So National Insurance got cut and we all got a little more. It’s going to a pension for me, but what about you…?
https://www.bbc.co.uk/news/explainers-63635185
Buying 5 days additional holidays.
As ever, a bit to savings and a bit to myself.
Wife entered a bus lane about 15m before it ended and 25m before the junction to turn left.... £65 fine.
Boom!
Not angry at her, I did 2 similar stupid mistakes in the past month so there is Feb and March's extra cash gone to.
Extra? I'm in a slow protracted process of trying salary increased after 2 decades of slow but now quite significant depreciation 😕
Extra? I live in Scotland and, lucky old us, the Scottish Gov can set increased income tax rates....
Anyway, I got paid last week and immediately treated myself to a car insurance renewal which has, without any good reason, gone up fr0m £177 p/a to £370 p/a. Nice.
As ever, a bit to savings and a bit to myself.
Got paid on Friday - not sure I'll even notice the 'extra' by month end!
I might if the robbing barstewards increased tax allowance thresholds in line with inflation.
just looked at an inflation calculator.
Adjusted for inflation, my take-home pay is down by £167 per month over the last two years. So the NI cut will help reduce my recent salary reductions!
So I'll probably just be spending it on general stuff - I just tried the calculator on the BBC site. On Saturday I spent slightly more than that amount on 3 pairs of pants. So that's this month sorted...
The "Global Payroll Experts" that we use for payroll have, predictably, failed to use the new NI rates.
I'm starting to wonder at what point I should start charging them consultancy fees for teaching them how UK income tax works.
There was extra? I got paid on Friday, didn't notice
All the socialist on here will be refusing it asking the government to put more in to the NHS not less??
Personally I will be saving it for a rainy day when I need to use private health rather than the NHS which needs more funding, not less
You think you're better off?
Bet you also believe in trickle-down & Brexit.
Oh, and inflation going down doesn't mean stuff is getting cheaper.
There was extra? I got paid on Friday, didn’t notice
Thursday for me and likewise
On Saturday I spent slightly more than that amount on 3 pairs of pants. So that’s this month sorted…
3 pairs, you flash git! It's not even Christmas you know... 😉
I bought a packet of Mini Eggs this morning. This month's extra money well spent I think.
At less than a tenner "extra" per month , not a lot.
Final working pay of the month for me. so still hanging out on the last few pence from Decembers early pay.
Realistically though a car loan ended in December, so some into my pension, more into the mortgage (in preparation for the new rate I'll have in 2025 at re-mortgage time). I may also have signed onto the Ruark site the other day and asked them to notify me when a refurb came up, about 2 hours later I had an email so I spent more than I should have on some new speakers for the bedroom. I appreciate I am lucky to be able to mess around with such luxuries.
Nearly payday, what will you do with your extra wages?
Mrs_OAB treated me to a bag of chips at St Andrews west beach this weekend.
Not a euphemism.
It’s nearly 4 weeks away.
My bit extra might be for a nice meal with the Mrs.
It’ll help pay off the credit card balance racked up over Christmas (presents for new partner) and January sales (presents for me!)
It's not 'extra wage' as day rate/hourly rate/wage/salary haven't increased.
It's a sop intended to persuade electors that the tory gov is on your side; they absolutely are not.
Blatant electioneering.
Yes, I know you all know.
Buy a Ferrari.
Januarys will be used to pay the fine i got on my birthday (just before Christmas) for a yellow box driving violation.
Going forward, i'm trying to save up for a car as looking to change jobs which means i'll loose my company car.
Will soon be cancelled out by the non-indexation of the personal allowance over the coming years. The Tories giveth and then taketh away more.
Indeed.
And I have added complexity of Scotland having different tax levels now - and I am currently working out if I need to claim my extra tax relief on pension payments as MoneySavingExpert claims...
20p worse of, interesting i had exactly the same until payroll realised they had messed up. Then got the extra we should have had in a seperate payment 3 days later.
Been trying to figure out what they did wrong to get the 20p deducted as payslip showed exactly the same values under deduction as the month before except for the Total deduction value which was 20p higher
bought some extra holidays
Half a tattoo. And not a very big tattoo.
If the BBC calculator is correct, its going to push my monthly net over a nice round number milestone. So I'm going to feel richer, but in practical sense be barely richer and in real terms poorer than last year.
Apparently I'll be about £65 a month better off.
I'd rather they keep it and put it towards fixing some of the things they've monumentally trashed or f***ed up over the past 13 years.
I'll be using it to pay off a tiny fraction of the £2K private dentist bill I now have after my dentist stopped doing NHS work and the nearest NHS dentist taking new patients is a 45 minute drive away.
(I live in a town with a population of around 130,000 people with no NHS dentists for new patients)
...I'd drive 45 minutes to save £2k!
All the socialist on here will be refusing it asking the government to put more in to the NHS not less??
I'd like to. the drop in NI is so worthless per individual that it'll do more harm than good.
Mother in Law managed to break one of my car seat belts. New unit and seat out to fit it. That's mine gone for the next couple of months.
So National Insurance got cut and we all got a little more. It’s going to a pension for me, but what about you…?
The sensible option would be to buy disposable vapes and wait till the ban comes in then sell them outside the school gates, basic free market economics innit,
I’ll be using it to pay off a tiny fraction of the £2K private dentist bill I now have after my dentist stopped doing NHS work and the nearest NHS dentist taking new patients is a 45 minute drive away.
We've kept the same NHS dentist in Edinburgh even though we moved an hour south of Edinburgh 19 years ago. Its a hassle but well worth it for the financial saving.
I'm staggered you could find any dentist taking on new NHS patients. Even at 45mins away, I'm surprised you aren't jumping at the chance to sign up there.
Almost makes me want to jack in early retirement to get my free money.
Actually on second thoughts, it doesn't.
I'd be happy for the NHS to have it tbh
New bike parts. What else?
🤔
Extra? I live in Scotland and, lucky old us, the Scottish Gov can set increased income tax rates….
Scotland. Our very own mini Venezuela.
