Forbsie
New member
In last week's budget, the Chancellor put up national insurance by 1%.
This means that you pay an extra penny NI for every pound you earn
above about £4800. For example, if you earn £30,000 per year, you'll
pay an extra £252 in NI this year. Fortunately, there's a legal way to
claw back this cash by exploiting the fact that the duty on a pint of
real-ale from a small brewery will fall by 14p a pint.
Roughly speaking, for every 7 pints you drink, you "earn" £1. So, in
the example above, you can neutralise the effect of the NI increase by
drinking an extra 1,764 pints of lovely, foaming Summer Lightning this
year.
This is about 5 pints a night. Obviously, people who earn more than
this will have to drink more. For instance, if you earned £60k, you'd
have to find room for 10 pints a night!
Here's to tax avoidance! Hic.
**** NB
With 1p also on Employers NI, contractors need to drink twice as much
!!! What ya waitin for ?
This means that you pay an extra penny NI for every pound you earn
above about £4800. For example, if you earn £30,000 per year, you'll
pay an extra £252 in NI this year. Fortunately, there's a legal way to
claw back this cash by exploiting the fact that the duty on a pint of
real-ale from a small brewery will fall by 14p a pint.
Roughly speaking, for every 7 pints you drink, you "earn" £1. So, in
the example above, you can neutralise the effect of the NI increase by
drinking an extra 1,764 pints of lovely, foaming Summer Lightning this
year.
This is about 5 pints a night. Obviously, people who earn more than
this will have to drink more. For instance, if you earned £60k, you'd
have to find room for 10 pints a night!
Here's to tax avoidance! Hic.
**** NB
With 1p also on Employers NI, contractors need to drink twice as much
!!! What ya waitin for ?
