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Re: Is This True About Salaries In The UK. by papyjaypaul: 3:56pm On Dec 18, 2023
People that use taxes to tell you Nigeria is better are deceiving you. Nigeria is where it is because your taxes are being misused. Someone saying you go enjoy money, this and that. At what cost? cost of irregular power supply? No potable water supply. Bad roads. Bad education. All the things you want to enjoy abroad are the result of taxes and investments. If they let it rot or chop all the taxes, their societies will collapse. It is foolish to think that the non accountability of our taxes is a good thing to enjoy Nigeria. That is a scarcity mindset that is built on jungle matrix where the fittest survive. The welfare system abroad is a way to ensure unemployment reduces and people don't take to crime. This is sense 101 but the politicians have deprived us so much we are now thinking like monkeys. Even the monkeys still remain small banana for their folk after fighting.


Let me tell you the stupid part of what our leaders are doing. They invest our money abroad and those people use it to make their countries better. Tax is not a bad thing. It makes you talk. You can talk to the politician if he is wasting your money on foolish expenses. Nigerians are so weak, they passed the buck to God when the gods on earth are stealing their money and they are clapping for them.
Re: Is This True About Salaries In The UK. by geosegun(m): 4:54pm On Dec 18, 2023
pedel:
False information.
You pay 0% tax on the first £12,570. 20% basic rate tax on the part of your income which falls into the next tax bracket (£12,571 up to £50,270). This means you'll pay 20% tax on £37,700.
Anything you earn above £50,271 to £125,140, is taxed at 40%.
Your income over £125,140, is taxed at 45%.
That's why you see those footballers with fleets of expensive cars. That is where they put all their earnings to avoid paying big taxes.

It is not a wrong information. It depends on the perspective that the beneficiary is looking at? While your analysis regarding tax is correct, you completely omitted the child benefits perspective.

For example;

1. If one is earning below 50k as a citizen, kids are entitled to certain amount of money per week (about £20?) - which could amount to substantial amount of money per month if you have 3 or 4 kids.

2. Also if you want your kid to start nursery before 3 years then you will pay for it and this amount can vary to about £50 and £70 per day. This may not be an issue for those that are earning way below £50k. Once the annual income is >£50k,and about £60k? It start to reduce. Once your pay is greater than £60k - Your kids are no longer entitled to such benefits whether they are citizens or not. If you claim it, HRMC will claim it back from you. They have a system that works.

Such benefits would be reduced and some eliminated, the moment your pay is above £50k per annum. Most people who claim benefits don't come out to disclose it. Most especially, our people.

NB: Only citizen (British passport and people with indefinite leave to remain (ILR) have access to this benefit.

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Re: Is This True About Salaries In The UK. by geosegun(m): 5:02pm On Dec 18, 2023
teeytimi:
He is correct about everything other info but for buying expensive cars he is wrong. Buying expensive cars doesn't reduce the amount of tax you pay

Actually, it does, in some circumstances, for those that are into contracting jobs (personal business).

They put the cost of the Car (now limited to certain cost range now) under company expenses.

.
Re: Is This True About Salaries In The UK. by Goodman247: 5:09pm On Dec 18, 2023
Everytime UK, UK, make una remove hand from bad thing, make una dey do good
Re: Is This True About Salaries In The UK. by Codes151(m): 5:12pm On Dec 18, 2023
Princewill1:
Yesterday I opened a thread on "11 Reasons Why You Should Not Japa From Nigeria"

Reason No. 11 has something to do with this topic. Let me quote it below:

11.) NO RAT RACE OR EXTREME TAXATION IN NIGERIA:

You will labour abroad for a month and the rigged system will use "high taxation, high cost of living and the scam credit system" to return everything back to the system in order for you to repeat the circle again. In a bid not to go homeless on the cold streets, and also to put food on your table, you have no other option than to keep repeating the circle until the time you will finish your term of slavery due to old age, then your children will start where you stopped and the circle continues.

Truth is, the entire world is controlled by the globalists in the West, the further away you're from the West and it's entanglements the freer you will become. If the 1% elite in the West removes the rigging in the system you will be able to secure enough bags and retire early. But they stands to lose if people starts excaping the system early, they need your manpower for longer period of time to maintain their industries and establishments. This explains why the more income you earn there, the more rediculous taxes you pays because the system is continously gauging you and the tax system (one of it's tools of control) is strictly and heavily guided, defaulters risks jail term. The system was programmed in a way that you will never get enough in order not for you to start thinking of excaping the slave camp early until you finish your term of slavery.

This is one of reasons why rich and exposed Nigerians don't fancy living abroad. Even most African ex-footballers returns home immediately after the end of their career in Europe. An average Nigerian coming from lack, hunger and extreme poverty and who is daydreaming of Japa won't be able to see this anomaly.

Living in Nigeria will provide you the opportunity to excape Matrix.

Dey write nonsense... if u get oppurtunity to work no go work.. dey type shit... support workers in uk are earning 2-3m now per month
(its all about sense..a husband making 40k nd wife making 28k ) and raking in alot ,u are here preaching rubbish in a country where dey pay people 100k as salary... i no blame u sha....

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Re: Is This True About Salaries In The UK. by DeOTR: 5:34pm On Dec 18, 2023
obailala:
If this is truly the reason a person rejected an offer, then 'sorry' is their name cos their decision was built on misinformation and ignorance. There's no way a person who earns more would go home with less income than a person who earns less.
I would rather stay in Nigeria and earn £2500 monthly, than relocate to the UK to start earning £7k/month.

1 Like

Re: Is This True About Salaries In The UK. by sorepco(m): 5:51pm On Dec 18, 2023
U say its false but ur facts support what he said...



pedel:
False information.
You pay 0% tax on the first £12,570. 20% basic rate tax on the part of your income which falls into the next tax bracket (£12,571 up to £50,270). This means you'll pay 20% tax on £37,700.
Anything you earn above £50,271 to £125,140, is taxed at 40%.
Your income over £125,140, is taxed at 45%.
That's why you see those footballers with fleets of expensive cars. That is where they put all their earnings to avoid paying big taxes.
Re: Is This True About Salaries In The UK. by obailala(m): 9:24am On Dec 21, 2023
DeOTR:

I would rather stay in Nigeria and earn £2500 monthly, than relocate to the UK to start earning £7k/month.
Obviously! a £2500 income would give you a better life in Nigeria than elsewhere. But my point was mainly focused on the topic of the thread. If the main reason you rejected the UK offer was based on the assumption that "a person who earns more would go home with less income than a person who earned less", then that would have been a flawed assumption.

1 Like

Re: Is This True About Salaries In The UK. by obailala(m): 9:34am On Dec 21, 2023
sorepco:
U say its false but ur facts support what he said...
The point @pedel made is that the net pay of a person earning £50k or £51k annually will always be higher than the net pay of a person earning £49k. So in essence, the assumption made by the Op of this thread is false.

1 Like

Re: Is This True About Salaries In The UK. by Denko2721987(m): 9:52am On Dec 21, 2023
pedel:
False information.
You pay 0% tax on the first £12,570. 20% basic rate tax on the part of your income which falls into the next tax bracket (£12,571 up to £50,270). This means you'll pay 20% tax on £37,700.
Anything you earn above £50,271 to £125,140, is taxed at 40%.
Your income over £125,140, is taxed at 45%.
That's why you see those footballers with fleets of expensive cars. That is where they put all their earnings to avoid paying big taxes.

But this crazy oh.. The taxing system of the West is just crazy.. A whopping 40% tax not to mention other taxes u will have to pay for personal amenities or is it included in 40% tax??
Re: Is This True About Salaries In The UK. by bizhop01: 1:48pm On Dec 21, 2023
Tax headquarter
Re: Is This True About Salaries In The UK. by okeniti: 2:01pm On Dec 21, 2023
It's possible. Have a look on platforms which offer remote work. Easy no, possible yes. I wish you all the best.
LooneyLester:
I want to be working a job in UK but from Nigeria grin if that is possible
Re: Is This True About Salaries In The UK. by Obierika(m): 2:44am On Dec 22, 2023
LooneyLester:
I want to be working a job in UK but from Nigeria grin if that is possible

That's the best opportunity to enjoy both worlds
Re: Is This True About Salaries In The UK. by InvertedHammer: 12:21am On Dec 23, 2023
pedel:
PAYE and Corporations tax are not the same.
Your employer deducts taxes from your PAYE earnings.
You pay taxes on your company earnings after you deduct all your expenses.
You do not have control over your deductibles if you are working for someone and earning salaries.

/
Maybe in UK
US is different. Everyone files tax return deadline April 15th every year. If they overpaid, they get refund😎

I guess the system of taxation in UK is totally different.
My bad.

/

1 Like

Re: Is This True About Salaries In The UK. by MrSly(m): 8:58pm On Dec 25, 2023
Brendaniel:
Well, as long as their tax is working for the people in general, unlike here where some people are eating the tax paid by everyone and people don't get the real benefits of their tax....
Yet people keep defending the embezzelers because they are their tribesmen.

1 Like

Re: Is This True About Salaries In The UK. by PepeXKermit: 12:38am On Jan 10
imagine earning 50k pounds and thinking you are untop of the world. lmao!

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