Digit369:
how will this effect hgv drivers pay any indication?
Doesn’t effect anyone till 2020.
It’s a waste of time & effort trying to explain your pay on here, no matter what you put there will be someone along to decry it. You could say you get £1000 take home every week & I only work 10 hrs on a Wednesday, some “member” will be along to say “what! Every Wednesday? That’s crap”
I’ll say it again, if you’re happy getting what you’re getting for doing what you’re doing, then who cares what anyone else thinks about it.
eagerbeaver:
Nope. Holiday pay is based on TAXABLE pay. Obviously the meal allowance is NON TAXABLE. If you take this example; I work Mon-Fri days. So no nights out or weekends. If I do a 60 hour week (lets base it on 5 x 12 hour shifts). The £15 m/a works out at £1.25 ph. So we are looking at the equivalent of £1.50 because it is tax free. So already that is £9.88. Assuming I start at 7am, my last hour (because its after 6pm) is paid at £10.38. So without splitting hairs, we are looking at £10 per hour for the shift.I am expected to do 12 overtime shifts per year. Assuming I do Saturdays, which is ball park £12.00 per hour , and do 8/9 hours, I would be getting around £100 for that shift. So per month we are looking at around £2500 gross. 11 months at £2500 + 1month(hols) at £2200 (-£300 for 4 weeks m/a ), we are talking £29,700. Less tax and deductions. So personal allowance is £10,600 non taxable, plus 48 weeks m/a (48 x £75) is £3,600. So £14,200 non taxable. £29,700 per annum - £14,200 = £15,500 taxable.@ 20%, which means £3,100 tax deduction. So £29,700 - £3,100 = £26,600. Now take off NI at roughly £200 per month, so £2,400, we are looking at a bring home (net figure) of £24,200 a year or £2000 ish per month.
That’s not too bad in my book. On top of that there are other benefits, such as a pay out for your family for death in service (doesn’t matter if you are driving, or at home at the time) for example.
Don’t knock it until you try it.
£24K a year for a Class 1 job seems a little on the low side.
Why use your tax free meal allowance to subsidise your hourly rate,Companies claim for expenses against their tax returns
If you applied, for say a mortgage,they go on your actual gross wage not what is tax free.
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It is obviously a good earner for companies. I know one that dropped the hourly rate by £1.20 and paid a tax free meal allowance of £10 per day.
The catch was that you had to be away from base for at least ten hours straight through or, five hours away return to base, then five away again. The point was that if you were only away say 9h45m then you only got £5 and if you worked for more than ten hours then you lost £1.20 an hour.
Digit369:
how will this effect hgv drivers pay any indication?
Even the first rise to £7.20 an hour, due April 2016, will effect some companies directly, and maybe others who only pay just above that rate, especially if drivers leave to take other jobs where the pay has also had to increase.
To meet the 2020 target the hourly rate will have to go up by 45p/ph each year, these are far higher increases than there has been to the national minimum wage in the past.
I do find it strange that this is a policy from a Conservative Government, especially as the Conservatives were against the introduction of the minimum wage and got rid of the minimum wages boards.
Radar19:
eagerbeaver:
Nope. Holiday pay is based on TAXABLE pay. Obviously the meal allowance is NON TAXABLE. If you take this example; I work Mon-Fri days. So no nights out or weekends. If I do a 60 hour week (lets base it on 5 x 12 hour shifts). The £15 m/a works out at £1.25 ph. So we are looking at the equivalent of £1.50 because it is tax free. So already that is £9.88. Assuming I start at 7am, my last hour (because its after 6pm) is paid at £10.38. So without splitting hairs, we are looking at £10 per hour for the shift.I am expected to do 12 overtime shifts per year. Assuming I do Saturdays, which is ball park £12.00 per hour , and do 8/9 hours, I would be getting around £100 for that shift. So per month we are looking at around £2500 gross. 11 months at £2500 + 1month(hols) at £2200 (-£300 for 4 weeks m/a ), we are talking £29,700. Less tax and deductions. So personal allowance is £10,600 non taxable, plus 48 weeks m/a (48 x £75) is £3,600. So £14,200 non taxable. £29,700 per annum - £14,200 = £15,500 taxable.@ 20%, which means £3,100 tax deduction. So £29,700 - £3,100 = £26,600. Now take off NI at roughly £200 per month, so £2,400, we are looking at a bring home (net figure) of £24,200 a year or £2000 ish per month.
That’s not too bad in my book. On top of that there are other benefits, such as a pay out for your family for death in service (doesn’t matter if you are driving, or at home at the time) for example.
Don’t knock it until you try it.
£24K a year for a Class 1 job seems a little on the low side.
It’s like I can see into the future.
If you can’t live on 2k a month take home pay you’re living beyond your means.
Yep-agree with you Billy.
If £500 a week in your sky rocket isn’t enough, you must have some financial problems IMO.
Thats not what I mean’t. I’m on about £1500-2000 a year less and I’m on Class 2. £24K a year for class 1 is low, really low.
But you get a shiney new green lorry and a pink hivis 
happysack:
Plenty of firms round here pay 500 a week if you do 6 days.
Rigid tipper work pays that here for 5 days.
Radar19:
Thats not what I mean’t. I’m on about £1500-2000 a year less and I’m on Class 2. £24K a year for class 1 is low, really low.
In that case you can bask in the glory of driving an inferior class of vehicle for less money, I think 
Muckaway:
happysack:
Plenty of firms round here pay 500 a week if you do 6 days.Rigid tipper work pays that here for 5 days.
I could earn that off 4 days!! Taking into account night out money and overtime!!
£9p/hr in 5 years time will be a step backwards!
Think about it, by then, interest rates will have (or will be continuing) to go up, forcing the cost of everything (living etc) go up.
So the £9p/hr in 5 years time will probably be the new minimum wage!
Anyone with the letters ‘MP’ after their name, should be on it and not allowed to claim ‘expenses’ ever again too and see how they like it!!! 
Radar- you will find for Mon-Fri days on a curtainsider, £10 per hour is about the going rate mate.
As I said earlier, it’s around £30,000 per year.(Before deductions). If you think you will earn lots more, go for it mate.
Other than that, you might be better staying class 2.
Im on class 2 9.97 first 45 hours then time and half just under 15 p/h that seems very low for class one
over 15 years ago i was on 24k a year or more, you guys are trying to kid yourselves that your on good money as you just dont like thinking your chumps. you should be on at least 15 quid an hour plus overtime after 8 hours, sat should be time and half and sunday double time, but you guys are happy to work for much less, your happy to work sat sun for flat rates as for some reason you convince yourself your doing good, most of the drivers i started out with have all given up many years ago and found jobs elsewhere that pay the same or better for a lot less hassle. it really is up to you guys if your happy to work for low pay then that is your own affair, but dont try and dress it up like your on good money as its not, its nothing like good money compared to what we could make many years ago.
9 quid an hour by 2020 well if you guys are still driving in that time and that will be your hourly rate all i can say is you will only yourself to blame if your going to sit back and accept it.
desypete:
over 15 years ago i was on 24k a year or more, you guys are trying to kid yourselves that your on good money as you just dont like thinking your chumps. you should be on at least 15 quid an hour plus overtime after 8 hours, sat should be time and half and sunday double time, but you guys are happy to work for much less, your happy to work sat sun for flat rates as for some reason you convince yourself your doing good, most of the drivers i started out with have all given up many years ago and found jobs elsewhere that pay the same or better for a lot less hassle. it really is up to you guys if your happy to work for low pay then that is your own affair, but dont try and dress it up like your on good money as its not, its nothing like good money compared to what we could make many years ago.
9 quid an hour by 2020 well if you guys are still driving in that time and that will be your hourly rate all i can say is you will only yourself to blame if your going to sit back and accept it.
Nice to see you’re back mate!
So how is it on that fishing trawler where there you have no internet signal. Or are you in military intelligence, special branch or the secret service now and under strict communications blackout? 
Muckaway:
happysack:
Plenty of firms round here pay 500 a week if you do 6 days.Rigid tipper work pays that here for 5 days.
I thought I wasn’t doing that we’ll in London… £39,000 last year + £25 a day (5 day weeks) cash in hand for food when in Europe (approx 4 months in a year) . That’s 40% Luton van, 40% 18 tonne, 20% 42 tonne truck and trailer approx use what’s needs…BUT…I do have to unload it myself, art/antique/sculpture ect…
happysack:
Plenty of firms round here pay 500 a week if you do 6 days.
That ■■■■■!
Claretmac:
Muckaway:
happysack:
Plenty of firms round here pay 500 a week if you do 6 days.Rigid tipper work pays that here for 5 days.
I could earn that off 4 days!! Taking into account night out money and overtime!!
+1. and without any of this “night out and overtime” nonsense.
I assume we are talking take home pay?