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cptdean Offline
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Tax. - November 25th 2010, 12:16 PM

I recently applied for my paid annual leave and it is going into my account this week, but when I go to look at it they pay me my weekly wage AFTER tax and national insurance onto my incomes. And then they go and sting me for another load of tax and insurance and it is a much bigger proportion (150%) than what would normally be taken from my normal wage ontop. I know that the more you get the more you are taxed, but if it was taxed just the once I would have alot more than this..

So effectively I have been taxed and NI twice for my paid leave when I get taxed for every hour I work anyway and I am annoyed because the amount they have deducted is equal to a full weeks work, and I only applied for 3 weeks off. Its like landing on the $200 income tax square on the monopoly board when you have just passed go.

I am not against paying my taxes on the hours that I do. But do you think its fair for them to take 30% of my holiday money that I have spent most of the year building up working solid with only the odd day off? At the end of the day it is better than getting nothing, but whats the point of working hard to earn a reward if they take that too when you want it?


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Re: Tax. - November 26th 2010, 06:57 PM

Well, er. It's not fair is it. But, not a lot is.

Just enjoy your time off and forget about the taxes. As they say, there are only two sure things in life. Death, and taxes.
   
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