Surely not
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From: omnipresent
Originally Posted by Dembo,Nov 6 2007, 11:17 AM
12.9% employer's NI before you get your salary. Then 40% on that as income tax, and another 11% employee's NI up to the threshold (which I can't remember but is relatively low). I'm not sure where the point is, but high PAYE earners will pay 50%.
You do not pay tax on your employers NI
NI drops to 1% above the Upper Earnings Limit (about
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From: Stanmore
Originally Posted by Moggy,Nov 6 2007, 10:37 AM
Has it?
Do you have the stats?
I understood that car use reduced in the first year of introduction of the scheme, but then rose in the next year to a level not much lower than before the congestion charge was introduced.
I could be wrong though.
Do you have the stats?
I understood that car use reduced in the first year of introduction of the scheme, but then rose in the next year to a level not much lower than before the congestion charge was introduced.
I could be wrong though.
However, from wikipedia.
On the first day 190,000 vehicles moved into or within the zone during charging hours, a decrease of around 25% on normal traffic levels. Excluding 45,000 exempt vehicles, the decrease was more than 30%.
Traffic patterns in and around the charging zone remained broadly stable during
2006. Traffic entering the charging zone (vehicles with four or more wheels) was
21 percent lower than in 2002, creating opportunities over this period for re-use
of a proportion of the road space made available.
Traffic circulating within the zone and on the Inner Ring Road, the boundary route
around the zone, remained comparable to previous years following the
introduction of the scheme.
2006. Traffic entering the charging zone (vehicles with four or more wheels) was
21 percent lower than in 2002, creating opportunities over this period for re-use
of a proportion of the road space made available.
Traffic circulating within the zone and on the Inner Ring Road, the boundary route
around the zone, remained comparable to previous years following the
introduction of the scheme.
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From: Market Harborough, Leics.
[QUOTE=Dembo,Nov 6 2007, 11:17 AM] 12.9% employer's NI before you get your salary. Then 40% on that as income tax, and another 11% employee's NI up to the threshold (which I can't remember but is relatively low). I'm not sure where the point is, but high PAYE earners will pay 50%.
No high earners with sense will pay the 40% as is, they'll create companies to work through. Or go and live in Monaco and fly in for 3 days a week. Phillip Green (M&S chairman) famously paid himself a
No high earners with sense will pay the 40% as is, they'll create companies to work through. Or go and live in Monaco and fly in for 3 days a week. Phillip Green (M&S chairman) famously paid himself a
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From: Survivalist enclave
Originally Posted by Dembo,Nov 6 2007, 10:55 AM
Nobody with any sense would pay it. When there was 99% tax in the 70s, everybody with money moved abroad.
No such rate has ever existed on earned income in this country
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From: In Bed..... fordshire
Originally Posted by lovegroova,Nov 6 2007, 11:34 AM
The only thing that might spark people into action is a large single price rise such as the congestion charge in London which has reduced car use. Although that has been combined with improvements in public transport which means there is a viable alternative.
Still the same old story on public transport. No buses when you need them; overcrowding; poor ventilation; bus lanes unused for hours so someone parks in them and the buses have to join the cars. etc, etc.
The congestion charge was so succesful they had to put it up to raise more money.
So, was the point raising money or clearing cars out.
And don't get me started on exemptions for eco-mobiles. They still cause congestion don't they.
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From: Stanmore
Originally Posted by GarethB,Nov 6 2007, 08:59 PM
What parts of London have you been to?
Still the same old story on public transport. No buses when you need them; overcrowding; poor ventilation; bus lanes unused for hours so someone parks in them and the buses have to join the cars. etc, etc.
The congestion charge was so succesful they had to put it up to raise more money.
So, was the point raising money or clearing cars out.
And don't get me started on exemptions for eco-mobiles. They still cause congestion don't they.
Still the same old story on public transport. No buses when you need them; overcrowding; poor ventilation; bus lanes unused for hours so someone parks in them and the buses have to join the cars. etc, etc.
The congestion charge was so succesful they had to put it up to raise more money.
So, was the point raising money or clearing cars out.
And don't get me started on exemptions for eco-mobiles. They still cause congestion don't they.
The running of the scheme has been a bit of a cock up no doubt, but my principle holds that a large single increase in motoring costs has a larger effect on people's driving habits than a large number of small increases,especially where relatively good public transport (such as central London has relative to most of the rest of the country, despite its failings) is in place.