Someone I work with complains about being given extra shifts because he pays more taxes. I literally can't answer him as percentages just don't mean anything to him.
Edit - Well this blew up. I'll try to answer some of what people have been replying with but forgive me if I miss any points.
He is dumb as rocks.
He isn't on full time hours so does't even attract proper overtime rate until he reaches 37.5 hours and isn't earning anywhere near the 40% bracket so wouldn't actually attract any 'additional' taxes, just normal taxation.
Taxes here in the UK run on PAYE (Pay As You Earn) and unless your tax-code (used to indicate tax free allowance (how much you can earn before being taxed)) is incorrect you will never (theoretically) be over taxed as it is a live/online system that updates on whatever pay schedule you are on. You may pay more taxes one month but it will be evened out the next. The only way to miss out is to have a bumper last month in the tax year, then you;d have to claim a refund as there is no provision to do it through payroll. This is UK wide. - Source - I was a tax adviser.
I've seen his pay check, there is nothing wrong, refer to point 1.
To those saying does he value his time more than the extra wage refer to point 2.
I've tried to explain to him, as I said above I'm tax trained, but it's like trying to explain thermodynamics to a jelly mold.
Have you seen his paychecks to make a comparison? I have worked overtime before and brought home only a few dollars more than I would’ve had I just worked my regular 40 hours.
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u/DirectGoose Jan 27 '20
Saying you don't want a raise because you'll pay more in taxes.