Re: Cost of running a car

In article <dpn1tq$bbb$1@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx>, Craig
Davies says...
>
> "SimonJ" <me@xxxxxxxx> wrote in message
> news:dpkcv3$gpa$1@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
> >> I pay out £310 every month for my car, thats almost half my salary -
> >
> >> Mr car is 04
> >>
> >
> > So your salary is somewhere around £8,500.
> > Someone working a 40 hour week on minimum wage would be on £10,504.
> >
> > So effectively, you are working part time, for very low income, and you
> > run an almost new car.
> > No bloody wonder you cant afford it.
>
> My annual salary is about £11500 but after tax and nat ins and pension the
> net pay is much less
>
Your pension must be bloody expensive..

Tax:

£4745 is Tax free.
The next £2020 is taxed at 10%
For you, above that is taxed at 22%.

So..tax is only £1061 a year ~ £20 a week. NI, without working it out,
around a tenner. Leaving you £180 a week take home less pension.

--
Conor

Windows & Outlook/OE in particular, shipped with settings making them
as open to entry as a starlet in a porno. Steve B
.

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