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(, Sun 1 Apr 2001, 1:00)
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Transfer it to the other parent?

(, Thu 6 Feb 2014, 10:43, 1 reply, 11 years ago)
no, because the additional tax charge is levied on the parent earning over 50k and is non transferable

(, Thu 6 Feb 2014, 10:44, Reply)
NO TAX CHAT

(, Thu 6 Feb 2014, 10:44, Reply)
yer it's a piece of piss to do innit

(, Thu 6 Feb 2014, 10:46, Reply)
I haven't got a fucking clue

(, Thu 6 Feb 2014, 10:49, Reply)
duh
Make a gross pension contribution to bring net relevant earnings under the threshold. You also benefit from the increased tax relief.

You thick cunt.
(, Thu 6 Feb 2014, 10:51, Reply)
Thats me

(, Thu 6 Feb 2014, 10:52, Reply)
Its easier to earn less than 50k

(, Thu 6 Feb 2014, 10:52, Reply)
people on 50k don't even need child benefit

(, Thu 6 Feb 2014, 10:53, Reply)
plus, pension contributions extend your personal allowance by the gross amount so it's a lower personal income tax liability innit me funky nigga

(, Thu 6 Feb 2014, 10:55, Reply)
You still end up with less money in your pocket though
so you're not actually avoiding it.
(, Thu 6 Feb 2014, 11:06, Reply)
well, yeah, but it's in a pocket you can access at 55, which is better than giving it to the taxman
Swings and roundabouts eh.
(, Thu 6 Feb 2014, 11:07, Reply)
also, it's the gross contribution which is taken into account, not the net one, so you're a bit better off

(, Thu 6 Feb 2014, 11:12, Reply)

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