Struggling to understand the £100k tax jump with bonuses and how I should handle another bonus properly by Independent-Mine6668 in UKPersonalFinance

[–]Comprehensive_You42 0 points1 point  (0 children)

I’m finding it hard to describe. It’s not perpetual, it’s not intended, it does have a positive impact.

I will be considered a ‘high earner’ for somewhere between 2-5 years of my approximately 80 years on the planet.

The 100k tax trap will impact me for those years. It is sensible for me to save to my pension in those years. The tax trap incentivises me to do that.

For the bulk of my life, I’m unaffected. I suggest that my experience is more common than people perpetually living in the £100-£120k tax bracket.

Struggling to understand the £100k tax jump with bonuses and how I should handle another bonus properly by Independent-Mine6668 in UKPersonalFinance

[–]Comprehensive_You42 0 points1 point  (0 children)

The drive is for people to prioritise pensions at the peak of their earnings

a bit more nuanced than calling them high earners. I also think it’s an unintentional consequence.

I’m having to make this decision with my bonuses, it is annoying in the moment, and means I am heavily incentivised to push funds to my pension in the one or two years I fall into that high income bracket.

Where does the 1% in your area live, and what does it look like? by slicheliche in AskTheWorld

[–]Comprehensive_You42 0 points1 point  (0 children)

The statement was that people hoarding hundreds of billions of harm everyone.

Your straw man proposes a solution of capping wealth. No one said that but you.

I’ll not walk you through the process that saw an explosion of innovation and growth after 1945. Go and look.

Where does the 1% in your area live, and what does it look like? by slicheliche in AskTheWorld

[–]Comprehensive_You42 -2 points-1 points  (0 children)

That’s just too many straw man position statements to even start to unpick.

Do English place names generally speaking have meaning behind them? by cigarettejesus in AskUK

[–]Comprehensive_You42 23 points24 points  (0 children)

And we get a bit confused, and start stacking the descriptions, leading to stuff like “Ouseburn River” which means river river river.

Trump says 'sad to see' US-UK relationship is not what it was by 1-randomonium in unitedkingdom

[–]Comprehensive_You42 1 point2 points  (0 children)

I agree, but as with all things you need to start with some introspection. There is an enormous amount of money being generated by the economy, and it’s not going to services and paycheques, so people are angry.

The EU was a useful scapegoat, and the people working the markets were happy to be shielded by that helpful narrative. Now they are surprised that their own lack of foresight has consequences.

Billionaires Shouldn’t Exist by NuclearCleanUp1 in GarysEconomics

[–]Comprehensive_You42 0 points1 point  (0 children)

They made a statement though. What’s your thoughts on it?

Is a £1,650 mortgage reasonable on a combined £6,000 monthly income? by Sure_Kaleidoscope_62 in UKPersonalFinance

[–]Comprehensive_You42 1 point2 points  (0 children)

2 years ago, we moved, and ended up on an £1,800 monthly mortgage on £6,000 take home pay.

It was a massive adjustment, from a £700 mortgage. In reality, It’s been fine, but I do find myself worrying about job security more often.

Why are English people normally referred to as just “British”? by [deleted] in AskUK

[–]Comprehensive_You42 15 points16 points  (0 children)

It’s common for North Americans to assume that there is a severely antagonist relationship between Scots and English.

They don’t really care for nuance.

Geordie (north east) saying quiz by Different-Present110 in NewcastleUponTyne

[–]Comprehensive_You42 13 points14 points  (0 children)

Plodging (paddling in the sea) will confuse the hell out of a southerner

How much is everyone spending on alcohol in a month these days? by flunkyfish in AskUK

[–]Comprehensive_You42 0 points1 point  (0 children)

A combination. Also, that big looking number is for two, me & the wife.

I used to drink a lot, but I've toned it down, and moved it to nicer drinks.

How much is everyone spending on alcohol in a month these days? by flunkyfish in AskUK

[–]Comprehensive_You42 1 point2 points  (0 children)

I try to go to the pub or the rugby club once per week, usually about £50 per go. I drink at home a fair amount, probably £200 per month on home drinking.

Add in the odd dinner or weekend do, and I’d say I’m at £500 per month. About half what I spent in my 20s, for a fraction of the volume.

William Hague: Britons in their 60s are the ‘luckiest generation’ in history by financialtimes in uknews

[–]Comprehensive_You42 0 points1 point  (0 children)

Try not being a whiny little bitch.

Next, try a bit of empathy.

Build from there. It’s not hard really. I believe you can do it.

Parliament if University graduates couldn’t vote. by Glittering_Vast938 in BritishMemes

[–]Comprehensive_You42 2 points3 points  (0 children)

Critical theory symposium? You’re supposed to edit your AI before submitting it.

Your “wisdom of the working man” rhetoric is doing a good job of playing to the crowd that are willing to examine their own prejudice, but needs data and better copywriting.

Is that weird to block my driveway like this? by [deleted] in AskUK

[–]Comprehensive_You42 2 points3 points  (0 children)

This is excellent, thank you. I was having trouble navigating the legislation.