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Originally posted by Sandra Well past bedtime for most...I am in IT and have laptop will work!!!! But I also have fun too posting here 3.22am here Sydney time. Averge persons luck??...I hope they have more than me 50/4000 = 1.25% over two years? Was stating it is not a sure investment, yes I will stand you a Guinness when I win the mil. ...but then that first 50 pound win came in .......I loved it!!!! Cheers seems like your luck is well below average, eh ? Also, premium bond prizes are tax free in the UK whereas building society interest is subject to tax. Keep ya fingas X'd mate :) :) :lecture: |
Originally posted by terryg Hi Sandra seems like your luck is well below average, eh ? Also, premium bond prizes are tax free in the UK whereas building society interest is subject to tax. Keep ya fingas X'd mate :) :) :lecture: I would not be up but cannot get my PS GP process to work! sad unlucky sod me! |
Originally posted by Sandra Extra lucky though me.......I have not won since I have been in AUS , therefore I do not have to pay the 40% tax on any wins. I would not be up but cannot get my PS GP process to work! sad unlucky sod me! Youre showing off now - bragging that you were in the 40% tax brax in UK :) :) :) Incidentally whats PS GP - playstation Grand prix ???? :D :D :D |
Originally posted by terryg Sandra Youre showing off now - bragging that you were in the 40% tax brax in UK :) :) :) Incidentally whats PS GP - playstation Grand prix ???? :D :D :D nope 48% plus bracket in AUS......easy done, over $60K here, whoops the budget moved it up a bit $62Kish come July... agreed I was being a bore....GP = Global Payroll with PS = PeopleSoft, hence being an even more complete and utter bore about payroll and taxes. I wish I wish it was computer games, anyone play Age of Empire??? cheers |
Originally posted by Sandra nope 48% plus bracket in AUS......easy done, over $60K here, whoops the budget moved it up a bit $62Kish come July... agreed I was being a bore....GP = Global Payroll with PS = PeopleSoft, hence being an even more complete and utter bore about payroll and taxes. I wish I wish it was computer games, anyone play Age of Empire??? cheers :D :D 48% but only 1.5% medicare and No national Ins at about £250 per month |
Originally posted by terryg Peoplesft - yeh thats sad - specially at this time :D :D 48% but only 1.5% medicare and No national Ins at about £250 per month You are of course a skit :D :scared: PS skills are still on the MODL list UK work out 40% for tax (kicks in abut 35K pounds - depending on personal taxation level) but NI rates are at 11% depending on NI contribution level (company pension dependent) to an upper level (much lower than the 40% tax bracket level), 1% only after that. Makes a maximum of 41% if in top bracket. And currently there is a bit gap between 40% tax bracket rate and NI Upper earning level AUS - 48% top rate and then you have medicare level...this starts at $62K = 2.5 coverversion = approx 24K pounds. And before you all jump on me and shout I know you do not earn the same in AUS and it all goes further etc. I agree, but I live in Sydney....and it is the same same, I am looking for IT contracts back in the UK, to work six months and earn rates there and bring back and happily pay 48% plus tax......... And just incase you all jump on me further, I am in AUS, liking it very much, I just know what I know for me and I have my own opinion for me and mine ;) goodness I hope I made sense...back to my payroll box!!!!!!!!! |
[i]I wish I wish it was computer games, anyone play Age of Empire??? cheers |
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