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Shoptime Family Moving to London
    

Discussão em 'London' iniciado por Fathan, 1/6/04.

  1. Fathan

    Fathan New Member

    Afiliado:
    7/1/05
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    Hi,

    Currently me and family (wife and 3 children) are living in Singapore and due to company assignment, I’ll be transferred over to London for couple years (until next assignment). I’ll be getting 70K and I’m not sure whether that amount is enough for living in London or not.

    Could any body tell me what is the cost of living (roughly) for me and family? How big is the income tax over there?

    Thanks a lot in advanced for any feedback.

    [%sig%]

    Post Edited (01-06-2004 08:35)
     
    #1 Fathan, 1/6/04
  2. EasyExpat

    EasyExpat Administrator
    Moderador

    Afiliado:
    10/2/03
    Mensagens:
    8,583
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    22
    Cidade:
    London
    País:
    Reino Unido
    Nacionalidade:
    Britânico (GB)
    Linguagem:
    English, Français
    You can have a comparison of the cost of living by using the Cost of Living calculator.
    You can calculate your future in come tax with the rates indicated on the London/Tax pages.

    If you've been sent abroad by your company, does that mean that you are with an Expatriate status? Does your company pay for any additionnal cost (such as housing, education of the children...)?

    [%sig%]
     
    #2 EasyExpat, 1/6/04
  3. Fathan

    Fathan New Member

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    7/1/05
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    Hi,

    Thanks for your feedback. However, I could not find the cost comparison between living in Singapore and London from the "Cost of Living calculator" URL mentioned in your reply.

    FYI, I'll be hiring under local term where I can not enjoy the real expatriate benefits. Hence, all housing and children education costs must be borne by myself.

    Appreciated if someone can advise me since I really need it for my "plan B" decision.

    Thanks in advanced.
     
    #3 Fathan, 3/6/04
  4. Miwako

    Miwako New Member

    Afiliado:
    7/1/05
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    Cidade:
    Paris
    Hello,

    I hope you have got your info for cost of living comparison with London.

    I have the same issue, I am living in Paris and looking to move to Singapore but I have no way to compare Paris to Singapore. Can you help me? Just to have an idea of usual expenses... I will be hired as local too in Singapore.

    I hope easyexpat will have soon Singapore in their list!

    Thank you! :)
     
    #4 Miwako, 15/9/04
  5. EasyExpat

    EasyExpat Administrator
    Moderador

    Afiliado:
    10/2/03
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    8,583
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    Cidade:
    London
    País:
    Reino Unido
    Nacionalidade:
    Britânico (GB)
    Linguagem:
    English, Français
    Well, unfortunatly I do not think that EasyExpat will add Singapore any sooner. The first asian city to be added, if there is one, will probably be Tokyo.

    The last Price and Earnings report from UBS can be found if you click on the link in this sentence. You will find details about Singapore in there.

    [%sig%]
     
    #5 EasyExpat, 15/9/04
  6. blueskies

    blueskies New Member

    Afiliado:
    4/6/06
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    Hi there, I am a Singaporean living in London. Here are some costs info.
    1) Council tax : £1160 / annum for a flat in band D (which is in the middle)

    2) Gas: £161 / quarter = £54/month

    3) Water: £20-£30

    4) Electricity: £20-£30

    5) Rental: £1100-£1500 / month for 2 bedroom flat , depending on which area

    6) TV licence: £120/year = £10/month

    7) Transport: £90/mth travelcard for zones 1 and 2

    8) Income tax including NHS payment: see below

    INCOME TAX

    If you work in the UK, you will have to pay income tax. This tax is collected by the government department known as the Inland Revenue.
    Tax is paid based on your income during the tax year, which starts on April 6th and ends on April 5th in the following year.

    In the 2005/6 tax year (for income earned between April 6th 2005 and April 5th 2006), the income tax bands were as follows:
    0% on the first £4,895 (your personal allowance, equivalent to about £94 per week, or £408 per month)
    10% (the lower rate) on the next £2,090 equivalent to about £40 per week, or £174 per month)
    22% (the basic rate) on the next £30,310 (equivalent to about £583 per week, or £2,526 per month)
    40% (the higher rate) on any income above this

    9) Meals : average meal £6 excluding sandwiches which are £1-3 depending on type and quality of sandwiches for lunch. Dinner would be £12-£15 if one eats out. Cooking is definitely cheaper, especially if your house is near a market.

    10) Gym membership: can be £35 (small crowded gym) -£64 (indoor pool, spacious, decent crowd) www.holmesplace.co.uk

    11) Phone (land line) : £ 70/quarter = £25/mth

    12) Mobile phone (subscribed) : £70 / month (free 30 local text messages & 120 min free talk time)


    Above are all estimates. The further one stays out from central london, the cheaper is the rental. For £1300-£1500, one can rent a house if you are willing to take a train into the city (train, not the tube).

    Hope this helps. Regards, Kate
     
    #6 blueskies, 4/6/06
  7. do do

    do do New Member

    Afiliado:
    18/6/06
    Mensagens:
    1
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    Cidade:
    UK
    #7 do do, 18/6/06
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