We covered how taxes are calculated at school, it isn’t very complicated. Yet SO MANY people insist they end up getting paid more it made me question myself for a while.
Although sometimes the removal of certain benefits does mean people can be worse off for £1 extra. Which if anything is just a sign that the benefits were poorly thought out and should taper off instead of being a hard limit.
There is probably sticker shock involved. Someone who gets a raise will see a new amount of taxes witheld and may be upset. It could even be they didn’t know what the amount taken out before taxes was.
We covered how taxes are calculated at school, it isn’t very complicated. Yet SO MANY people insist they end up getting paid more it made me question myself for a while.
Although sometimes the removal of certain benefits does mean people can be worse off for £1 extra. Which if anything is just a sign that the benefits were poorly thought out and should taper off instead of being a hard limit.
There is probably sticker shock involved. Someone who gets a raise will see a new amount of taxes witheld and may be upset. It could even be they didn’t know what the amount taken out before taxes was.