£100K not a good salary for Surrey
24-03-2024, 17:26
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#1
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cf.geek
Join Date: Sep 2022
Posts: 636
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£100K not a good salary for Surrey
Jeremy Hunt said £100,000 is not a huge salary for Surrey-ians.
What do you think of us, poor people of Surrey? Don't we deserve levelling up?
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24-03-2024, 19:06
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#2
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cf.mega pornstar
Join Date: Jan 2006
Posts: 18,826
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Re: £100K not a good salary for Surrey
Probably isn't for a lot of them to be fair, context is everything as much as I'd like to haul him over coals
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24-03-2024, 20:38
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#3
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Remoaner
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Re: £100K not a good salary for Surrey
He said it's not a huge salary, it's different from being a good salary.
He is mostly right that when you take in housing and child care costs then £100k isn't going to go far.
The question that should be put to him is not to contest that observation but to ask him why after 14 years of a Tory Government a salary that would put you in the top percentiles of income in the country isn't enough.
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24-03-2024, 22:39
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#4
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cf.mega pornstar
Join Date: Jan 2006
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Re: £100K not a good salary for Surrey
Quote:
Originally Posted by Damien
He said it's not a huge salary, it's different from being a good salary.
He is mostly right that when you take in housing and child care costs then £100k isn't going to go far.
The question that should be put to him is not to contest that observation but to ask him why after 14 years of a Tory Government a salary that would put you in the top percentiles of income in the country isn't enough.
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Those are the coals to haul him over
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24-03-2024, 22:53
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#5
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Trollsplatter
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Re: £100K not a good salary for Surrey
All I know is, whenever Kirstie & Phil have to do a house search in Slurrey, Phil always moans that it’s the most expensive county in the country to buy a house in, thereby making his job harder.
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25-03-2024, 08:51
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#6
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laeva recumbens anguis
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Re: £100K not a good salary for Surrey
https://www.foxtons.co.uk/living-in/surrey/house-prices
£602,617 Average property value today
£40,000 - £3,695,000 Property price range
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25-03-2024, 10:09
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#7
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Woke and proud !
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Re: £100K not a good salary for Surrey
I think the ruling party might a be a tiny bit out of touch. Just confirmation of the increasing rich/poor divide.
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25-03-2024, 10:33
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#8
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cf.mega poster
Join Date: Feb 2012
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Re: £100K not a good salary for Surrey
Quote:
Originally Posted by Ms NTL
Jeremy Hunt said £100,000 is not a huge salary for Surrey-ians.
What do you think of us, poor people of Surrey? Don't we deserve levelling up?
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I'm not a Surrey- ian. Far from it
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25-03-2024, 12:37
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#9
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Remoaner
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Re: £100K not a good salary for Surrey
Quote:
Originally Posted by Hugh
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And you can usually borrow roughly 4.5x your salary. £100k would not buy you an average home in Surrey unless you had a huge deposit.
Housing cost is such a huge stress on this country.
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25-03-2024, 16:22
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#10
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cf.geek
Join Date: Sep 2022
Posts: 636
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Re: £100K not a good salary for Surrey
Childcare is one of the many, many problems triggered by an £100,000 salary. Taxation goes bizerk at £100,001
Read this from the Telegraph
Hunt knows, Reeves knows.
Quote:
At £100,000, families do not only lose their entitlement to free childcare worth up to £14,500 a year for someone with two children outside of London, and £20,000 in the capital.
They are also hit with a marginal rate of 60pc tax, because after reaching six figures staff start to lose the personal allowance, the sum you can earn each year without paying any income tax, at a rate of £1 for every £2 of pay until it disappears at £125,140.
In an attempt to beat the system some staff are shortening their working weeks, realising they would keep more of their pay by earning £92,000 as opposed to £115,000. Others are shunning promotions or turning down work.
Given that the median salary for full-time employees in the UK was £34,963 last year, few will have much sympathy. There’s an argument that well-paid employees shouldn’t be able to game the system in order to still access taxpayer-funded childcare perks.
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Last edited by Ms NTL; 25-03-2024 at 16:33.
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25-03-2024, 17:45
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#11
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Dr Pepper Addict
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Re: £100K not a good salary for Surrey
Quote:
Originally Posted by Hugh
£40,000 - £3,695,000 Property price range
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You would not get much for £40,000 around here, so what would you get in Surrey ? A cupboard ?
---------- Post added at 17:45 ---------- Previous post was at 17:40 ----------
Quote:
Originally Posted by Ms NTL
Childcare is one of the many, many problems triggered by an £100,000 salary. Taxation goes bizerk at £100,001
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Its clear you are butter off just under £100,000 if you are a couple with kids, as it says ;
Quote:
Couples who are both earning £99,000 a year will be laughing.
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25-03-2024, 17:45
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#12
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laeva recumbens anguis
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Re: £100K not a good salary for Surrey
Quote:
Originally Posted by Paul
You would not get much for £40,000 around here, so what would you get in Surrey ? A cupboard ?
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https://www.rightmove.co.uk/properti...hannel=RES_BUY
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25-03-2024, 18:00
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#13
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Woke and proud !
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Re: £100K not a good salary for Surrey
Quote:
Originally Posted by Hugh
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The £3.7k a year ground rent/maintenance is a bit of a drawback!
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25-03-2024, 21:47
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#14
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Remoaner
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Re: £100K not a good salary for Surrey
Quote:
Originally Posted by Mr K
The £3.7k a year ground rent/maintenance is a bit of a drawback!
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My service charge is not too far off that! (in a flat)
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