| Why bother 14:28 - Feb 21 with 1127 views | Boundy |
It seems that the more comply the more you're targeted, giving with one hand and taking from the other has never been so apt . and y the target again are pensioners , Its easy when you are guaranteed yours should you even as a complete and utter failure Reeves will be found out to be , the likes of her will continue to live in comfort ,at an earlier age for a predicted longer time. £158,851 for fugging up the country ( as have others before the what about brigade arrive)
https://www.msn.com/en-gb/money/other/state-pension-payments-face-retirement-tax |  |
| "In a free society, the State is the servant of the people—not the master." |
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| Why bother on 15:00 - Feb 21 with 943 views | Flashberryjack |
Pensioners are an easy target for labour, can't fight back see. |  |
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| Why bother on 15:28 - Feb 21 with 917 views | SullutaCreturned |
If this turns out to be true, well I'm 9 years away from retirement but assuming I get there I already know I'd be paying tax on that 12,631 (if it's accurate) because I already recieve an occupational pension which is itself above the personal allowance threshold.
So much for working had, preparing for my retirement and not being a burden on the state. People like me are now seen as a cash cow,
I mean, why let the old have a comfortable retirement and be able to enjoy what is left of their life.
Though obviously this could all be a load of tripe, lets hope. Because people who only have the state pension often struggle, they've had the WHA removed and we wondered what was next... | | | |
| Why bother on 15:36 - Feb 21 with 904 views | Whiterockin |
| Why bother on 15:28 - Feb 21 by SullutaCreturned |
If this turns out to be true, well I'm 9 years away from retirement but assuming I get there I already know I'd be paying tax on that 12,631 (if it's accurate) because I already recieve an occupational pension which is itself above the personal allowance threshold.
So much for working had, preparing for my retirement and not being a burden on the state. People like me are now seen as a cash cow,
I mean, why let the old have a comfortable retirement and be able to enjoy what is left of their life.
Though obviously this could all be a load of tripe, lets hope. Because people who only have the state pension often struggle, they've had the WHA removed and we wondered what was next... |
By the time you retire Cat the government will have changed at least twice IMO. Who knows what crackpot idea's will be in place by then. |  | | |
| Why bother on 15:46 - Feb 21 with 884 views | SullutaCreturned |
| Why bother on 15:36 - Feb 21 by Whiterockin |
By the time you retire Cat the government will have changed at least twice IMO. Who knows what crackpot idea's will be in place by then. |
Maybe, or maybe we will have this Labour government for the next 13 years and who knows what will have happened by then.
Basically, whether it's Labour or the Tories, I don't trust them. | | | |
| Why bother on 15:48 - Feb 21 with 865 views | Whiterockin |
| Why bother on 15:46 - Feb 21 by SullutaCreturned |
Maybe, or maybe we will have this Labour government for the next 13 years and who knows what will have happened by then.
Basically, whether it's Labour or the Tories, I don't trust them. |
I don't trust them either, we need a complete change in British politics. | | | |
| Why bother on 15:55 - Feb 21 with 848 views | Scotia |
Easy solution to this. Abolish the triple lock and increase pensions in line with inflation or wages alone.
A pensioner will get a 5.5% increase an NHS carer likley to get about half of that.
No wonder we need immigrants | | | |
| Why bother on 16:07 - Feb 21 with 821 views | Whiterockin |
| Why bother on 15:55 - Feb 21 by Scotia |
Easy solution to this. Abolish the triple lock and increase pensions in line with inflation or wages alone.
A pensioner will get a 5.5% increase an NHS carer likley to get about half of that.
No wonder we need immigrants |
Just lift the tax thresholds in line with inflation, low paid and part timers would benefit. After all they are "working people". | | | |
| Why bother on 16:09 - Feb 21 with 816 views | SullutaCreturned |
| Why bother on 15:55 - Feb 21 by Scotia |
Easy solution to this. Abolish the triple lock and increase pensions in line with inflation or wages alone.
A pensioner will get a 5.5% increase an NHS carer likley to get about half of that.
No wonder we need immigrants |
This is why I disagree with percentage rises. People on bigger wages can get a smaller percentage rise but be much better off, people on low money can get 5.5% and it's nothing. | | | |
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| Why bother on 16:23 - Feb 21 with 770 views | Scotia |
| Why bother on 16:07 - Feb 21 by Whiterockin |
Just lift the tax thresholds in line with inflation, low paid and part timers would benefit. After all they are "working people". |
That would be great. We just can't afford it for a couple of years yet. | | | |
| Why bother on 16:36 - Feb 21 with 739 views | ReslovenSwan1 |
Pensioners have lived through the great days and worked to end them by voting to end free trade with Europe.
Pension funds stocks and shares and housing have all flourished over ths last few decades.
People who have planned and invested in any of these things will have benefitted from government incentives such as tax benefits for housing and pensions. The Government encouraged people to do this. Some did and some did not. It is a free country. You get £1000 a month free of tax. Enough g for most. Many are claiming poverty struggling to heat £400k empty houses. UK love property.
Free school free university back then free health no TV Licence. It all adds up. Free bus pass.
If you have rented and not invested anything then you might find it tough. Others have done well and have to pay a little tax. |  |
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| Why bother on 17:32 - Feb 21 with 689 views | Whiterockin |
| Why bother on 16:23 - Feb 21 by Scotia |
That would be great. We just can't afford it for a couple of years yet. |
Just put an extra 5% on those earning over £125,000 pa, taking it up to 50%, 53% in Scotland. | | | |
| Why bother on 18:18 - Feb 21 with 634 views | raynor94 |
| Why bother on 15:55 - Feb 21 by Scotia |
Easy solution to this. Abolish the triple lock and increase pensions in line with inflation or wages alone.
A pensioner will get a 5.5% increase an NHS carer likley to get about half of that.
No wonder we need immigrants |
Yes but on 3 time more money than an oap |  |
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| Why bother on 18:32 - Feb 21 with 616 views | max936 |
| Why bother on 15:28 - Feb 21 by SullutaCreturned |
If this turns out to be true, well I'm 9 years away from retirement but assuming I get there I already know I'd be paying tax on that 12,631 (if it's accurate) because I already recieve an occupational pension which is itself above the personal allowance threshold.
So much for working had, preparing for my retirement and not being a burden on the state. People like me are now seen as a cash cow,
I mean, why let the old have a comfortable retirement and be able to enjoy what is left of their life.
Though obviously this could all be a load of tripe, lets hope. Because people who only have the state pension often struggle, they've had the WHA removed and we wondered what was next... |
I'm just over 2,1/2 yrs away from retirement, so I don't know what I'll be facing  |  |
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| Why bother on 18:42 - Feb 21 with 597 views | SullutaCreturned |
| Why bother on 18:32 - Feb 21 by max936 |
I'm just over 2,1/2 yrs away from retirement, so I don't know what I'll be facing |
I know mate, you'll have to wait and see what your occy pension pays and if it's over the 12.5k you'll pay tax on that and then full tax on the state pension.
It's basically a way of cutting the state pension, not something the politicians need to worry about because they get a LOT more from their occy pensions and gold plated terms too. | | | |
| Why bother on 18:48 - Feb 21 with 587 views | majorraglan |
| Why bother on 15:00 - Feb 21 by Flashberryjack |
Pensioners are an easy target for labour, can't fight back see. |
But the freezing of the personal allowances wasn’t introduced by Labour, you can blame the previous Conservative government for that.
In 2021 the then Chancellor Rishi Sunak froze the allowance until 2026, the following year Jeremy Hunt extended the freeze on personal allowances, higher rate tax threshold and the NI threshold until 2028, nothing to do with Reeves or Starmer. Whilst the latter pair could have raised the threshold at the last budget, given there’s not a pot to @@@@ in it was never going to happen.
Things need to change, we’ve got a lot of people who haven’t worked in years (I don’t mean pensioners) and have no intention of working, some have contributed and others haven’t.
We need a conversation about limiting access to benefits so those who can work do make a contribution even if it’s 40 hours voluntary work per week. Maybe a sliding scale of reductions in benefits, for example after 3 years someone who’s not managed to find work loses a percentage of their benefits, Work needs to pay, maybe taxing benefits over what would be the minimum wage threshold - so anyone who gets more than £457 per week in benefits pays a tax. I’m not saying these would work, I’ve just thrown a few ideas out there because things have got to change.
Tax evasion is another issue to be addressed, if we can bring in more tax (from those who are evading it as opposed to bleeding the workers) that will make things easier for all. I also think we need to look at cutting business rates in smaller properties thereby encouraging people to open small businesses in our town centres, hopefully that would result in more shops, cafes, etc etc, more employment and more tax.
There must be other ideas that would work. [Post edited 21 Feb 22:14]
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| Why bother on 18:57 - Feb 21 with 564 views | JACKMANANDBOY |
| Why bother on 18:42 - Feb 21 by SullutaCreturned |
I know mate, you'll have to wait and see what your occy pension pays and if it's over the 12.5k you'll pay tax on that and then full tax on the state pension.
It's basically a way of cutting the state pension, not something the politicians need to worry about because they get a LOT more from their occy pensions and gold plated terms too. |
I like the absurdity of the Government paying a state pension and then claiming some of it back in tax. |  |
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| Why bother on 19:03 - Feb 21 with 558 views | raynor94 |
| Why bother on 18:42 - Feb 21 by SullutaCreturned |
I know mate, you'll have to wait and see what your occy pension pays and if it's over the 12.5k you'll pay tax on that and then full tax on the state pension.
It's basically a way of cutting the state pension, not something the politicians need to worry about because they get a LOT more from their occy pensions and gold plated terms too. |
Yep ill be getting a rise of £28 a month on my old age pension which will be taxed, so when you take energy fuel and food into account it will be worth nothing.
Yet some on here are saying its not affordable, people who have never worked a day in their life will get a bigger increase, that's what needs to be looked into | |
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| Why bother on 19:28 - Feb 21 with 540 views | ReslovenSwan1 |
| Why bother on 18:42 - Feb 21 by SullutaCreturned |
I know mate, you'll have to wait and see what your occy pension pays and if it's over the 12.5k you'll pay tax on that and then full tax on the state pension.
It's basically a way of cutting the state pension, not something the politicians need to worry about because they get a LOT more from their occy pensions and gold plated terms too. |
The governments add 25% or upto 40% extra for anyone paying into a private pension and employers contribute to workplace pensions. Their tax is taking it back with growth. It is therefore not that unfair. Tax benefit in and tax charge out.
I would recommend anyone with family y members in 18-39 to look at lifetime ISA. You can invest up to £4000 a year and get 25% extra and pay No tax if you use it to buy a house or use it as a pension. It is a gift from the Government. Smart rich people all have them. Put it in a S&P 500 tracker and it will fly.
No tax. The "Why bother" people do not bother and miss out. I never factored in HMG state pension as the demographics for baby boomer generation is not good.
[Post edited 21 Feb 19:35]
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| Why bother on 20:51 - Feb 21 with 470 views | Scotia |
| Why bother on 19:03 - Feb 21 by raynor94 |
Yep ill be getting a rise of £28 a month on my old age pension which will be taxed, so when you take energy fuel and food into account it will be worth nothing.
Yet some on here are saying its not affordable, people who have never worked a day in their life will get a bigger increase, that's what needs to be looked into |
It is what needs to be looked in to. Benefits including the state pension should not increase by more than people earn. | | | |
| Why bother on 20:55 - Feb 21 with 457 views | Kilkennyjack |
| Why bother on 15:46 - Feb 21 by SullutaCreturned |
Maybe, or maybe we will have this Labour government for the next 13 years and who knows what will have happened by then.
Basically, whether it's Labour or the Tories, I don't trust them. |
On the fence ? |  |
| Beware of the Risen People
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| Why bother on 21:36 - Feb 21 with 413 views | SullutaCreturned |
How is that on the fence? It's not an either or....you clearly don't even understand what "on the fence" means.
I'll make it simple for you, being on the fence means you cannot decide but I have decided, I don't trust either of them.
I'm happy to educate you but you need to want to learn so I'm most likely wasting my time.
We can all see who is the twp one here....and it's not me, well not to tje same level as you anyway  | | | |
| Why bother on 21:48 - Feb 21 with 399 views | raynor94 |
| Why bother on 21:36 - Feb 21 by SullutaCreturned |
How is that on the fence? It's not an either or....you clearly don't even understand what "on the fence" means.
I'll make it simple for you, being on the fence means you cannot decide but I have decided, I don't trust either of them.
I'm happy to educate you but you need to want to learn so I'm most likely wasting my time.
We can all see who is the twp one here....and it's not me, well not to tje same level as you anyway |
He needs to sit down at the back of the class, or back in the day he would have been put in a corner 😉 | |
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| Why bother on 21:50 - Feb 21 with 394 views | SullutaCreturned |
| Why bother on 21:48 - Feb 21 by raynor94 |
He needs to sit down at the back of the class, or back in the day he would have been put in a corner 😉 |
I've heard he still has the hat with the D on it  | | | |
| Why bother on 09:00 - Feb 22 with 228 views | AnotherJohn |
| Why bother on 18:57 - Feb 21 by JACKMANANDBOY |
I like the absurdity of the Government paying a state pension and then claiming some of it back in tax. |
Yes, you'd have thought that PPE had more than one session on transaction costs. | | | |
| Why bother on 09:41 - Feb 22 with 198 views | onehunglow |
Old folk are wealthy and have had it easy
Their time is up
Capp em
Innit
And you thought Torirs were vile , folks
You ain't seen nowt yet [Post edited 22 Feb 9:43]
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