Member Info for AbjectPerformer

I reinvested auto my dividend today as usual the worst price was picked by Halifax .. 253p

Shouldn’t matter much long term

Can’t be right in the head posting all day every day same message and insults to randoms .

I will be selling my shares at £20

Below someone mentioned this stock is a bond proxy.

I read an article just two days ago, by coincidence,

Which mentioned stocks like Diageo , Reckitt , were being used for many years as bond proxies while interest rates were low.

The reason their share prices are low , it said , despite their individual current issues, was outflow of investors no longer seeing the benefit of such bond proxy stocks.

If phnx really is a bond proxy , what specifically are we dealing with, and is this stock basically a bet on interest rates , or how are we seeing it compared to other bond proxy labelled companies?

Divi reinvestment on auto. Should buy tomorrow £420 approx

My friend also topped up phnx at 495 but on Tuesday

Not huge amounts but thought worth reporting

Topped up today 250 shares at 495p

Https://youtu.be/PVDH3MX4MYI?si=OzYRHyDNdSZUL4SF

Https://youtu.be/WYstVrCw0X8?si=ZRi__vZ_WXjEe9Dp

I think this is more like Rodney

https://youtu.be/qu0emZnpvnw?si=zyNK084mVoKnlVPR

A bid from existing price would not be 250-280p

We would be lucky to get 200p from here.

Look at DLG DS SMITH IDS ROYAL MAIL , Anglo ..

500p may arrive but we are talking 2030 earliest for that . 300-350p is a more realistic target within 6 years.

Andrey your price is too high. Do you want my shares for 20p each

Not yet I haven’t , rodders is loitering there

Blabbering old codger rambunctious Mandy

Rodders must have been released from rehab recently because he’s steaming on bells every day and posting here every 5 minutes , sea of green

Thanks honest Bob.

I’m not quite on 50k so I’m guessing working unti end of tax year and putting all the excess in pension pot would be the way to go

Hi Trotsky thanks for reply and others

My company does make PILON.

Hi honest Bob and others

So for instance if earnings for the year are £50,000, and a voluntary payment of £50,000 the total for the year is £100,000

If we remove £30,000 plus £12750 = 42750

So £100,000 minus 42750 ,

there is 57250 to pay tax on?

Would roughly 37500 be taxed at 20% and rest , 19750 be taxed at 40%?

If so it would mean £20,000 of the £50,000 voluntary package should be put into the pension pot to avoid 40% tax ?

I know there’s the notice tax too?

Hi honest Bob and others

So if earnings for the year are £50,000, and a voluntary payment of £50,000 the total for the year is £100,000

If we remove £30,000 plus £12750 = 42750

So £100,000 minus 42750 ,

there is 57250 to pay tax on

Would roughly 37500 be taxed at 20% and rest , 19750 be taxed at 40%?

If so it would mean £20,000 of the £50,000 voluntary package should be put into the pension pot

Hi thanks for your time and response it’s greatly appreciated

The bit that I need clarity on is anything over £50k taxed at 40%?

If you remove £30k tax free from £75k you’re left with £45k

Is this treated as under the limit for 40% tax ?

Or is it a case of anything over that £50k whether it’s a redundancy payment or income, is liable for 40% tax?

Hi

I’m just wondering about tax implications when taking a voluntary paid leave.

For easiness sakes let’s say the salary is £50k

If you work the full year April to March and receive £50k one year pay to go. How does the tax on this work out?

Would it be £30k tax free,

£12750 tax free allowance

How is the remaining £52500 treated?

How much is paid at 20.% and how much at 40%?

This helps me determine how much salary needs to go in the pension, and how much of the voluntary leave payment should go into the pension too over the £30k tax free limit.