The perfect gift

I do not lie…

Chancellor Darling’s new tax measures are coming into force this month and as a result, all of us basic rate tax payers will be receiving £60 extra in September’s pay packet!

(Well, actually the taxman will just take £60 less than usual, but that’s good enough cash-back for me…)

About 22 million people will receive the rebate, followed by a £10 raise in their net pay for the rest of the tax year. This means basic rate tax payers will save a total of £120 in tax over the year, all because the chancellor has increased the personal allowance for basic rate tax payers by £600 to £6,035

Don’t believe me? Check the HMRC.

But on what should you spend your windfall? If you want to splash out with your £60, you could treat yourself to:

• 6 Kung Fu Pandas
• 30 Bottles of Bucks Fizz
• 40 Ricky Martin CDs
• 48 Tins of SPAM
• 74 Euros (if you’re lucky!)
• 120 Spiderman Socks

Or… 315 Curly Wurlys!

Sound’s like a party to me.

So, what will you buy? Share it in our Forum.

*Disclaimer*

Obviously, the spare cash should go straight towards our ever increasing energy bills, mortgage and debts. But it’s fun to play pretend…