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Is anyone feeling the pinch?

Is anyone feeling the pinch?

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Old Jan 30th 2008, 3:03 am
  #31  
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Default Re: Is anyone feeling the pinch?

Originally Posted by jo-ann
We are around 100 euros a month less on our state pensions which is a big drop when prices here are rising all of the time. I dare'nt look at the shares, all investments are in a downward spiral at the moment and it doesn't look set to improve.
How is your tax taken off - monthly or annually?
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Old Jan 30th 2008, 3:31 am
  #32  
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Default Re: Is anyone feeling the pinch?

Now I've taken tax into consideration it looks slightly better, as less income means less tax. So it means I'll be 200 euros worse off - not 300.
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Old Jan 30th 2008, 6:04 am
  #33  
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Default Re: Is anyone feeling the pinch?

Originally Posted by hrothgar
Now I've taken tax into consideration it looks slightly better, as less income means less tax. So it means I'll be 200 euros worse off - not 300.
Claim for your winter heating allowance ( over 60) and bring it with you and you will break even and a bit for a couple of Sunday lunches. ;-)
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Old Jan 30th 2008, 7:37 am
  #34  
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Default Re: Is anyone feeling the pinch?

Originally Posted by hrothgar
How is your tax taken off - monthly or annually?
We are taxed here in spain annually, and pay very little as we are not earning that much.
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Old Jan 30th 2008, 11:12 am
  #35  
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Default Re: Is anyone feeling the pinch?

Originally Posted by jo-ann
We are taxed here in spain annually, and pay very little as we are not earning that much.
That's what I wanted to know, as say if you were taxed monthly according to your income at a favourable exchange rate which then collapsed you would be paying too much tax.
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Old Jan 30th 2008, 2:07 pm
  #36  
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Default Re: Is anyone feeling the pinch?

We have noticed a difference not just with the exchange rate but with everything else seeming to rise but hey suppose it is no difference if living in the UK. Just got to cut down on the beers!
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