Now we can all afford a Roush exhaust!
Discussion
Dear Mr Gordon Brown,
I'm writing to thank you very much for paying for my Roush exhaust for me over the next 2 years.
By simply cutting the basic rate of income tax from 22% to 20% and by raising my 40% tax threshold from £38k to £43k, you have singlehandidly paid for my new system and given me many more ponies.
Many thanks,
Mr Noble.
ps. Not so impressed that it'll cost £400 per year for road tax on both of my cars though!
I'm writing to thank you very much for paying for my Roush exhaust for me over the next 2 years.
By simply cutting the basic rate of income tax from 22% to 20% and by raising my 40% tax threshold from £38k to £43k, you have singlehandidly paid for my new system and given me many more ponies.
Many thanks,
Mr Noble.
ps. Not so impressed that it'll cost £400 per year for road tax on both of my cars though!
...Trevor you'd better get the boys to ready up the mandrels and welds. There may be a bit of an influx of orders 
No, its band E which is anything over (iirc) 225g/km co2.
Basically anything of family size or bigger which obviously includes all 4x4 and sports cars etc.
I actually think its fair enough really. If we give out more CO2 and pollution, then we pay a bit more tax.
Although in saying that, the tax on fuel is the fairest may. If your car is more economicail you use less fuel and so pay less tax.
Simple.
G
Basically anything of family size or bigger which obviously includes all 4x4 and sports cars etc.
I actually think its fair enough really. If we give out more CO2 and pollution, then we pay a bit more tax.
Although in saying that, the tax on fuel is the fairest may. If your car is more economicail you use less fuel and so pay less tax.
Simple.
G
When I taxed line last year I paid £175, which is the rate for cars built before 2001 and over 1549cc, which is odd for a 2003 car. I checked online at the dvla and Noble was not listed so I reckon that's why its charged at the old rate. I've just tried to check again and the web site for checking which band your car falls into is not responding.
snuffy said:
When I taxed line last year I paid £175, which is the rate for cars built before 2001 and over 1549cc, which is odd for a 2003 car. I checked online at the dvla and Noble was not listed so I reckon that's why its charged at the old rate. I've just tried to check again and the web site for checking which band your car falls into is not responding.
I just taxed mine a couple of days ago and it was was 175 squids (2005 car).
Mr Noble said:
Dear Mr Gordon Brown,
I'm writing to thank you very much for paying for my Roush exhaust for me over the next 2 years.
By simply cutting the basic rate of income tax from 22% to 20% and by raising my 40% tax threshold from £38k to £43k, you have singlehandidly paid for my new system and given me many more ponies.
Many thanks,
Mr Noble.
ps. Not so impressed that it'll cost £400 per year for road tax on both of my cars though!
I'm writing to thank you very much for paying for my Roush exhaust for me over the next 2 years.
By simply cutting the basic rate of income tax from 22% to 20% and by raising my 40% tax threshold from £38k to £43k, you have singlehandidly paid for my new system and given me many more ponies.
Many thanks,
Mr Noble.
ps. Not so impressed that it'll cost £400 per year for road tax on both of my cars though!
But you've lost your 10% bracket completely, which will remove some of the savings.
Mr Noble said:
No, its band E which is anything over (iirc) 225g/km co2.
Basically anything of family size or bigger which obviously includes all 4x4 and sports cars etc.
I actually think its fair enough really. If we give out more CO2 and pollution, then we pay a bit more tax.
Although in saying that, the tax on fuel is the fairest may. If your car is more economicail you use less fuel and so pay less tax.
Simple.
G
Basically anything of family size or bigger which obviously includes all 4x4 and sports cars etc.
I actually think its fair enough really. If we give out more CO2 and pollution, then we pay a bit more tax.
Although in saying that, the tax on fuel is the fairest may. If your car is more economicail you use less fuel and so pay less tax.
Simple.
G
I agree. Be envoirenmentaly friendly and run your 4x4 like mine on LPG. Cost equivalent to 40 mpg and half the emissions to boot.
Regards
Paul C
Anyone earning between about £17,000 and £40,000 a year will be better off
Those earning less than about £17,000 will lose from the abolition of the 10p tax rate but they should more than claw it back from working tax credit
Those on £43,000 will pay £20 a year more in tax
All figures for 2008. Source: PriceWaterhouseCoopers
Sorry....
J
Those earning less than about £17,000 will lose from the abolition of the 10p tax rate but they should more than claw it back from working tax credit
Those on £43,000 will pay £20 a year more in tax
All figures for 2008. Source: PriceWaterhouseCoopers
Sorry....
J
joust said:
Anyone earning between about £17,000 and £40,000 a year will be better off
Those earning less than about £17,000 will lose from the abolition of the 10p tax rate but they should more than claw it back from working tax credit
Those on £43,000 will pay £20 a year more in tax
All figures for 2008. Source: PriceWaterhouseCoopers
Sorry....
J
Those earning less than about £17,000 will lose from the abolition of the 10p tax rate but they should more than claw it back from working tax credit
Those on £43,000 will pay £20 a year more in tax
All figures for 2008. Source: PriceWaterhouseCoopers
Sorry....
J
Justin, don't you mean £20 a week worse off?
joust said:
It says (just on salary) I will be better off on tax but worse off in National insurance so overall I lose out.
I also assume that 43k is on top of the tax releif part of your salary (tax code)?
Bondy
Edited by mgbond on Wednesday 21st March 20:21
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