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Er... £23k is not "a bit under £30k".

The problem is the single person making £15k. They get to keep £12k so they have £1000 left after taxes. A studio flat in London will cost at least £500/mo. Add council tax, utilities, a monthly travelcard for at least £100/mo, food and clothing, and things start to get a little tight.

A couple sharing a 1 bedroom flat with two incomes are clearly much better off.

"It's the statue, man, The Statue."

by Migeru (migeru at eurotrib dot com) on Thu Mar 22nd, 2007 at 12:22:48 PM EST
[ Parent ]
A bit under £30k: £35k - £5k = £30k.  £30k x .8 = £24k.  Add the allowance to get about £29k.  Or is the fact that I'm not an accountant showing?

Be nice to America. Or we'll bring democracy to your country.
by Drew J Jones (pedobear@pennstatefootball.com) on Thu Mar 22nd, 2007 at 12:27:16 PM EST
[ Parent ]
No, you're right. I think it's the fact I'm a mathematician that is showing. ;-)

"It's the statue, man, The Statue."
by Migeru (migeru at eurotrib dot com) on Thu Mar 22nd, 2007 at 01:31:08 PM EST
[ Parent ]
I'm not sure, but I think it's safe to say that we'd make a horrible accounting partnership. ;)

Be nice to America. Or we'll bring democracy to your country.
by Drew J Jones (pedobear@pennstatefootball.com) on Fri Mar 23rd, 2007 at 09:07:32 AM EST
[ Parent ]

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