Quote:
Originally Posted by Bircho
For someone on a 37.5 hour contract aged over 25 and on the National Living Wage, it works out at £9.78 PER YEAR before tax and national insurance.
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Have they actually lost anything in reality? Or is that down to the income tax threshold and the NLW rate, both of which are government controlled? They are not earning any less, or paying any more tax & NI, so how have they lost £9.78 pa?