Is it a sin to be successful?

If you read the papers and listen to Radio 5 live, it seems that if you earn a good salary then you are a pariah of society.

If you read the papers and listen to Radio 5 live, it seems that if you earn a good salary then you are a pariah of society.

I know that this all started off with the Bonuses that Banks pay, but it now seems to have moved on to demonise anyone who earns over £80,000 p.a. In the papers today a Head Teacher, who apparently is extremely good at his job, is the talk of the day because of what he has earned.  

I think success should be rewarded and if we go down the slippery slope of checking what everyone earns, there will be no incentive for the up and coming entrepreneurs of the future.  

Success should be rewarded, in my opinion, but what should be named and shamed is the horrendous waste of tax payer’s money at Local Government and National Government levels.

You may or may not be aware that our dearly beloved HMRC have issued innumerable PAYE coding notices for 2010/11 which are wrong.  In particular, some taxpayers are being sent duplicate codes (often dated the same day) resulting in a reduction in the amount of tax free pay allocated to their main employment.

HMRC have confirmed that “there are some issues” and are trying to identify the key problems. How much is this error costing and will anyone be held accountable?

For our clients, they can rest assured that we are checking these coding notices for them.  How will others cope?

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