Married single earner; 35k pa; 2 kids,5yrs old; mortgage 800pm how will i be affected

As i said before · 24-11-2010 03:40PM #1

HI everyone; just wondering how i will be affected as i'm sure there are plenty in the same boat as me and my familly.

hotmail.com · 24-11-2010 03:43PM

Have ya bothered to read the report?

Tax bands are going to be reduced, so you'll pay more tax on your income.

Children's allowance is being changed, not sure about the details.

RedXIV · 24-11-2010 03:43PM

Can't really answer that mate until the budget hits.

Don't try and figure it out with the numbers being thrown around today

Bob_Latchford · 24-11-2010 03:44PM

Dont think there was much detail.

One of the questions was middle income taxpayrs paying 3k a year more but this was denied and said it would be only 25 a week or 1300.

Think you will have to wait to be sure

Welease · 24-11-2010 03:46PM

Very little specific details...

but..

You will pay more income tax.. the entry point is being dropped to €15.3K
You will pay more VAT on good when it rises..
You will pay for the property tax and water when those charges come in
Carbon tax will go up, so fuels will cost more

24-11-2010 03:54PM

Lets wait for the budget to be announced before further speculation,

Thanks,

Papa

Married single earner; 35k pa; 2 kids,5yrs old; mortgage 800pm how will i be affected

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