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[STEMO]

But, I still say, the figures mentioned were not qualified by any reference to 'average pay'

[Sir Tigger KC]

All the possible contenders have the charisma of limp lettuce leaf between them. Truss is as unprincipled a Politician as you could find.
She started out as a Libdem activist, became Tory who argued in favour of remain. Within a few weeks said she would vote Leave if the vote was rerun.
Her only belief is that she wants to climb to the top of the greasy pole by whatever means she can.
Rishi has shown no signs of competence whatsoever really. Its easy to hose the country with eye watering sums of money and take national debt to levels previously unimaginable.
His only answer to now solving the problems that created are to put up national insurance for "ordinary hard working people", as they like to call us.
A very unimaginative Chancellor imo.
Gove - same as Truss.

I wonder if Boris has slipped her a length over the Cabinet table? 

[STEMO]

All the possible contenders have the charisma of limp lettuce leaf between them. Truss is as unprincipled a Politician as you could find.
She started out as a Libdem activist, became Tory who argued in favour of remain. Within a few weeks said she would vote Leave if the vote was rerun.
Her only belief is that she wants to climb to the top of the greasy pole by whatever means she can.
Rishi has shown no signs of competence whatsoever really. Its easy to hose the country with eye watering sums of money and take national debt to levels previously unimaginable.
His only answer to now solving the problems that created are to put up national insurance for "ordinary hard working people", as they like to call us.
A very unimaginative Chancellor imo.
Gove - same as Truss.

I wonder if Boris has slipped her a length over the Cabinet table? 

I was just wondering what to have for tea when you posted that. Toad in the hole, I think. 

[Doctor Gollum]

But, I still say, the figures mentioned were not qualified by any reference to 'average pay'

Doesn’t matter. Point being that the rise is, by and large irrelevant. No one will actually notice it. Even if you're on the highest tax bracket, the amount you pay extra on is the window that currently pays 12%... Off the top of my head £8,400 to circa £50,000...

Even at the higher end of that window, if you notice the extra 1.25% then you have much bigger problems.

[STEMO]

But, I still say, the figures mentioned were not qualified by any reference to 'average pay'

Doesn’t matter. Point being that the rise is, by and large irrelevant. No one will actually notice it. Even if you're on the highest tax bracket, the amount you pay extra on is the window that currently pays 12%... Off the top of my head £8,400 to circa £50,000...

Even at the higher end of that window, if you notice the extra 1.25% then you have much bigger problems.

You do talk utter shite at times 

[STEMO]

My missus will get a c£2000 pay rise in April. By the time she pays 40% tax, 11.7% pension contribution and the extra NI, she will end up with virtually nothing. We won't starve, but it still sticks in your throat.
And, just to put things in perspective, does anyone actually think that this NI rise will make any difference at all to the NHS, in the short term, or social care later?

[Marks DTM Calib]

My missus will get a c£2000 pay rise in April. By the time she pays 40% tax, 11.7% pension contribution and the extra NI, she will end up with virtually nothing. We won't starve, but it still sticks in your throat.
And, just to put things in perspective, does anyone actually think that this NI rise will make any difference at all to the NHS, in the short term, or social care later?

No as its a disorganised inefficient mess where consultants rule to much of it, the money will just dissappear with no impact

[Doctor Gollum]

https://www.gov.uk/guidance/rates-and-thresholds-for-employers-2021-to-2022

It seems the window is actually £9,568 to £50,270.

So current minimum is £1,148.16 per year... Which will rise to £1,267.76 per year. The difference being a smidgen under £10 a month.

At the opposite end, it is currently £4,884.24 per year... Which will increase to £6,660.78. The difference being £1,776.54... Just shy of £150 a month.

The difference for someone in the middle is about £20 a month.

Hardly a tax on the poor

[Sir Tigger KC]

My missus will get a c£2000 pay rise in April. By the time she pays 40% tax, 11.7% pension contribution and the extra NI, she will end up with virtually nothing. We won't starve, but it still sticks in your throat.
And, just to put things in perspective, does anyone actually think that this NI rise will make any difference at all to the NHS, in the short term, or social care later?

Nope. 

Does anyone actually think that the NHS will happily give up the £3 billion a year in three years time to Social Care? 

I haven't got a crystal ball, but I can already see the political row when the NHS demands that the government finds them another £3 billion a year (index linked) to cover the money going to Social Care. 

That will be the next government's problem though, and we'd better hope it's not Labour in No10 as taxes will definitely be going up again! 

[STEMO]

£12 billion a year, according to the BBC.

[LC0112G]

https://www.gov.uk/guidance/rates-and-thresholds-for-employers-2021-to-2022

It seems the window is actually £9,568 to £50,270.

So current minimum is £1,148.16 per year... Which will rise to £1,267.76 per year. The difference being a smidgen under £10 a month.

At the opposite end, it is currently £4,884.24 per year... Which will increase to £6,660.78. The difference being £1,776.54... Just shy of £150 a month.

The difference for someone in the middle is about £20 a month.

Hardly a tax on the poor

Your 'window' is only the current 12% NI band, which will increase to 13.25% if/when the change comes in. But you also pay 2% NI on earnings above £50,270, and this is increasing to 3.25% at the same time.  https://www.gov.uk/national-insurance-rates-letters

So there is no upper limit to those who will be affected. I accept that it's difficult to argue those on more than the median wage are poor though.

[STEMO]

https://www.gov.uk/guidance/rates-and-thresholds-for-employers-2021-to-2022

It seems the window is actually £9,568 to £50,270.

So current minimum is £1,148.16 per year... Which will rise to £1,267.76 per year. The difference being a smidgen under £10 a month.

At the opposite end, it is currently £4,884.24 per year... Which will increase to £6,660.78. The difference being £1,776.54... Just shy of £150 a month.

The difference for someone in the middle is about £20 a month.

Hardly a tax on the poor

Your 'window' is only the current 12% NI band, which will increase to 13.25% if/when the change comes in. But you also pay 2% NI on earnings above £50,270, and this is increasing to 3.25% at the same time.  https://www.gov.uk/national-insurance-rates-letters

So there is no upper limit to those who will be affected. I accept that it's difficult to argue those on more than the median wage are poor though.

Depends on school fees and staff costs, surely?

Hmmmm........that might be a bit sarcastic. 

[STEMO]

I know we were relatively 'poor' when my son started uni.

[LC0112G]

My missus will get a c£2000 pay rise in April. By the time she pays 40% tax, 11.7% pension contribution and the extra NI, she will end up with virtually nothing. We won't starve, but it still sticks in your throat.
And, just to put things in perspective, does anyone actually think that this NI rise will make any difference at all to the NHS, in the short term, or social care later?

She will pay 40% tax, 3.25% NI and (presumably) 11.7% pension contributions (totalling 54.95%). So from a £2000 pay rise she should see £901 extra in her bank account. She could increase this by an additional £234 if she opted out of her pension scheme. (this would be a criminally stupid thing to do, but would save the tax payer money )

[STEMO]

She will pay c£1940 from it, including the NI rise.