How much tax do you really pay - and a year of Grace on the Case

This is Money Podcast

This is Money

Business News, Business, Investing, News

4.1 • 650 Ratings

🗓️ 27 November 2021

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

What makes a good consumer story to take up the cudgel on and fight a reader’s corner – and why don’t companies and organisations just do the right thing?

A year ago, This is Money started its Grace on the Case column, where reporter Grace Gausden fights for reader’s rights and tries to solve their problems each week.

Over those 12 months, roughly £381,000 worth of victories have been racked up – more than £1,000 a day.

On this week’s podcast, Grace takes us behind the scenes of the column and talks about the cases she has tried to help with.

She joins Georgie Frost and Simon Lambert to discuss the biggest issues that have emerged, and how things have played out when This is Money took on firms and organisations for readers.

Also, on this week’s podcast, do you know how much tax you pay? Most people only have the vaguest idea based on their headline rate, but what percentage or amount do you actually pay, and where are the sneaky glitches in the tax code that catch people out.

Plus, the LitterLotto where you can win money by putting stuff in the bin, whether Black Friday is a con or a golden opportunity, and finally, would you swap items in your shopping or lifestyle to beat inflation?

Transcript

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0:00.0	Welcome to This Is Money podcast. I'm Georgie Frost and joining me and editor Simon Lambert.
0:04.6	Today is consumer expert Grace Gorsden.
0:07.1	And coming up, how this is money won back more than £1,000 a day for their readers in a year,
0:12.5	thanks to one intrepid reporter and one commissioning editor, obviously.
0:17.0	Grace, on the case, celebrates its first birthday.
0:20.0	Also today, how much tax are you really paying?
0:22.6	We look at how to work it out and how to cut it legally, of course. Plus, the litter lotto, bin it and snap it to win.
0:30.0	Black Friday, the real deal or not? And is it bad for small businesses? And would you swap what you buy to beat inflation or just plow on ahead
0:39.2	anyway? Don't forget you start to date with all the latest breaking money news just go to this
0:42.9	ismoney.com.uk or download the app but first, educating your readers, tackling their problems
0:49.0	head on, helping fight unfair decisions and battling terrible customer service. It is what this is money does,
0:56.3	with a plumb, I might add. But 12 months ago amid another pandemic-enforced lockdown,
1:01.4	you decided to take it to another level and launched Grace on the case to make even more of a
1:06.4	difference and win back money for your loyal readers. Since then, Grace has crawled back over £380,000 in total.
1:13.6	That's more than a grand a day.
1:15.6	There is no problem, too big or small that she won't delve into,
1:19.6	trying to find out what has gone wrong?
1:21.6	The doorbells anyone.
1:22.6	Simon, Grace on the case.
1:24.6	What was the thinking behind it?
1:26.6	Well, the thinking behind it was that we always like to help readers out on this is money
1:31.3	and that we get a lot of questions from readers asking for our help.
	...

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