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UK Masters Graduates say hello to 50-60% income tax

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Octavius
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UK Masters Graduates say hello to 50-60% income tax

Postby Octavius » Thu Dec 04, 2014 2:09 pm

That's what you get from a Conservative government, they give with one hand and take twice as much with the other

Student loans of upto £10,000 will be available for masters degrees from 2016, however you will be taxed at 50-60% upon getting a job. 20% income tax, 12% NI, 18% (9%+9%) student loan repayments tax.

http://www.timeshighereducation.co.uk/n ... 89.article

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Re: UK Masters Graduates say hello to 50-60% income tax

Postby Octavius » Thu Dec 04, 2014 2:13 pm

Only Conservatives would think it fair to tax someone earning £15k 50% income tax Image

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Re: UK Masters Graduates say hello to 50-60% income tax

Postby jamal9 » Thu Dec 04, 2014 2:20 pm

once you graduate, move to Dubai or Africa. if you want western lifestyle, come to Canada or USA....

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Re: UK Masters Graduates say hello to 50-60% income tax

Postby thehappyone » Thu Dec 04, 2014 2:32 pm

loan only limited to students under 30, I dont think they will accept snet age

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Re: UK Masters Graduates say hello to 50-60% income tax

Postby Itrah » Thu Dec 04, 2014 2:37 pm

You can default on your student loans by just moving abroad.

A relative of mine did that. :lol:

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Re: UK Masters Graduates say hello to 50-60% income tax

Postby thehappyone » Thu Dec 04, 2014 2:39 pm

You can default on your student loans by just moving abroad.

A relative of mine did that. :lol:
Your relative is a loner, we have girlfriends, friends, hobbies, former colleagues, favourite places, we cant leave all that behind over a debt

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Re: UK Masters Graduates say hello to 50-60% income tax

Postby Itrah » Thu Dec 04, 2014 2:44 pm

Your relative is a loner, we have girlfriends, friends, hobbies, former colleagues, favourite places, we cant leave all that behind over a debt
Why you make that assumption? He simply migrated to Australia and has a nice job and life there. Weather is also much better.

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Re: UK Masters Graduates say hello to 50-60% income tax

Postby thehappyone » Thu Dec 04, 2014 2:49 pm

Your relative is a loner, we have girlfriends, friends, hobbies, former colleagues, favourite places, we cant leave all that behind over a debt
Why you make that assumption? He simply migrated to Australia and has a nice job and life there. Weather is also much better.
simply migrated for the weather, is he a grazing buffalo, zoomalis, stick in one place and appreciate

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Re: UK Masters Graduates say hello to 50-60% income tax

Postby Julkimi » Thu Dec 04, 2014 2:56 pm

Thehappy1: since when did you get a girlfriend? congrats boo.

Do Somalis go for masters in the U.K?

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Re: UK Masters Graduates say hello to 50-60% income tax

Postby Marques » Thu Dec 04, 2014 2:59 pm

Glad i made the cut before the cut Image

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Re: UK Masters Graduates say hello to 50-60% income tax

Postby nord » Thu Dec 04, 2014 3:35 pm

I don't take out a loan, my parents will bail me out and pay upfrontImage

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Re: UK Masters Graduates say hello to 50-60% income tax

Postby thehappyone » Thu Dec 04, 2014 3:38 pm

I don't take out a loan, my parents will bail me out and pay upfrontImage
use correct tense idiot

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Re: UK Masters Graduates say hello to 50-60% income tax

Postby Basra- » Thu Dec 04, 2014 3:40 pm

Octa

I will take it. Can Americans apply? Can u adopt me?

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Re: UK Masters Graduates say hello to 50-60% income tax

Postby nord » Thu Dec 04, 2014 3:40 pm

I don't take out loans, in a general sense.

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Re: UK Masters Graduates say hello to 50-60% income tax

Postby YummyMummy » Thu Dec 04, 2014 3:45 pm

Balaayo mindhiqirka idinka goosattey, yurrrr Conserativow!
Glad i made the cut before the cut Image
Same alxamdulillah. How much do you pay back to SLC per month out of your wages (on your payslip)?
Dang, I wanted to get the Education one out of the way in 2-3yrs time, now this happens.


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