Birdwatch Note Rating
2024-03-09 01:40:45 UTC - NOT_HELPFUL
Rated by Participant: 22E183C009457B07CA8A235C83C0EDE30A2A555092054D5F3A167B01D5A2A7F1
Participant Details
Original Note:
This is misleading because it completely ignores inflation. If inflation was taken into account the £15K in 2010 would be worth £22k in 2024. £22k would attract tax of £2,964. https://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator https://www.moneysavingexpert.com/tax-calculator/
All Note Details