Wednesday, January 20, 2010
Why working doesn't pay
Work for £15k
Take home pay - circa £960pm
Less petrol, call that £100pm
Parking? Say £5pd = another £100pm
Actual take home = £760 pm
Council tax = £110 pm
Net ~ £650 pm
Live on benefits
Housing benefit - 2 sharing, 50% of the allowance for a 2 bed place round here = £400pm Unemployment benefit = £280pm
Actual take home = £680 pm plus net benefits e.g. council tax benefit
So in essence a £15000 a year job you are £30 Worse off than benefits, what a crazy country we live in eh?
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