Case Study: High net-worth individual
'I thought high-income families would have to pay out more'
Thursday 17 March 2005
Robyn Jones, chief executive of Charlton House Catering Services
She set up her company in 1991. She lives with her husband, Tim, 44, who isthe company's chairman, and their children, Tabitha, nine, and Blake, five, in Henley-on-Thames, Oxfordshire.
Income: They have a joint salary of £260,000 and the company provides private medical care, pension, life assurance and a nanny to look after the children.
Outgoings: Their outgoings include substantial mortgage payments as well as council tax on the Henley house and a second home in Tuscany. Fuel bills alone cost them £200 per month. They also pay private school fees.
Politics: Mrs Jones voted Conservative during the last election and is likely to do so again. It is one of the Tory's safest seats.
Hopes for the Budget: No major changes.
Effect of Budget: Mrs Jones will do well with income tax unchanged but badly on national insurance changes - leaving her £325 worse off a year.
She says: "I am quite pleased. I didn't want any horrible surprises. I thought we [high income families] would be hit a bit more and would be having to pay out more. Maybe that is what he [Gordon Brown] wants to do, to convert the blues to red. I think he has managed the economy quite well. But I don't know how I will vote."
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