| + Visit Cardiff FC for Latest News, Transfer Gossip, Fixtures and Match Results |
Hardly the politics of envy. It's the politics of looking after the most needy and good husbandry to boot!Originally Posted by dml1954
We are soft
As you say the French would be toe to toe with the crs riot police
Here the rich sit by whilst everyone else scraps for the bits in a race for the bottom
Train drivers being called scum by builders
Unbelievable
I still know the majority of the people I went to school with & the richest by far is a guy that owns 3 care homes. He’s a multi-millionaire, home in the south of France, big yacht that he sails the Med. in, and an ex-Labour councillor.
My nephews wife worked for him for a while. Minimum pay & maximise the income from the residents.
Getting fed up of this myth that all pensioners are Tories, load of bollox. When people turn 65 they suddenly change allegiance?
As someone who had been paid the state pension since February, I find it hard to come up with reasons to justify the triple lock in the circumstances the country finds itself in. Having spent the time since I moved up here in March 2018 existing on virtually no savings, a works pension and the generosity of those who are patrons of my blog (my total income per annum meant that I had to pay a small amount of income tax each year), I am now able to save a fairly substantial amount every month which should enable me to make the whole house habitable rather than the three quarters of it I've been living in.
it's a bugger that my works pension has been cut by about £100 a month since I've become eligible for the state pension, but, although I'm hardly living in the lap of luxury and the amount I save each month will almost certainly drop in the autumn when the next round of energy price increases kick in, I don't think I need the sort of pension increase the triple lock will bring in.
I appreciate that there will be hundreds of thousands, if not millions, of pensioners who will need the triple lock increase come the winter, but if there were a scheme whereby people could decline it on an individual basis, I would do so this time, because I think it's wrong to give all pensioners the sort of preferential treatment that the triple lock boils down to in reality.
Chickens coming home to roost for pensioners, working people have had wages decimated over the past 12 years, older people continue to vote for this, so why shouldn't they do their part as well?
If it were up to me I'd vastly improve state pensions as we have one of the lowest in the developed world, older people would call me a communist or Marxist for that though.
Why has your occupational been cut, TOBW?
Pensioners who have been receiving their private/ occ pensions and been living off this may not be above the tax threshold.
Start receiving State Pension then this is taxable income. They then go over the threshold.They dont take the tax off the SP they deduct it from the private pension.
I presume this has what has happened with Bob.
Its certainly the case with loads who have retired early on a private pension then inherit a State Pension.
I can't stand these daily mail types in nice houses who say .......I have worked hard all my life ! ........as if cleaners , care workers and shop workers have sat on their arses ?
Brass neck of people like that , three holidays a year , private pension , private health care.......
But some poor sod with a knackered back after working on the refuge in the old days .......oh he's workshy ! A week with his wife in Porthcawl ? ........how did he afford that !
Curtain twitching tory bastards
Are you Scargills lovechild by any chance. You're the biggest commy tw8t on here
I am familiar with the situation regarding how income tax is applied when one has both a state and occupational pension but TOBW mentioned a 'cut' in his occupational pension rather than it now being subject to tax. Maybe it's just his wording, as you suggest.
That is blatent envy, some people will do better than you, some will be worse off, just get on with your life do the best you can for you and your family, someone will always have more, we all get the same opportunaties, some people will always make more of them or make better financial decisions.
No, I got my full Civil Service pension for February and March, but it dropped by about £95 from April. I don't get any sort of breakdown of my Civil Service pension on a monthly basis, so don't know for sure what's happening, but I suspect that, whereas I had filed my own tax returns (including 21/22) for the years when I was just receiving the Civil Service pension and the money from the blog patrons, they're now taking tax off me, so, yes, "cut" wasn't the right word to use - assuming that I'm right in my thinking.
OK so people working get an increase in tax and NI as thas where the money comes from, so pensioners get an increase and tax payers lose even more yes good one!
No it's hatred of twats who think they work hard ......yet other people who clearly get paid less .....don't
They deserve a flash car ......the rest can piss off
Entitled faux rich
Aye
Now piss off tarquin
Obviously untrue. I agree some people make more of their opportunities than others - for a variety of reasons - but the idea that we all have the same chances in life and the playing field is level is total nonsense.
Well done Sludgie, nail and head!
Maybe those people started in a poorly paid job and worked hard and thought this isn't for me i'm working my nuts off for peanuts, so decided to take a risk and do something else, or worked hard and worked there way up.
They would see it that people who took the easy route stayed in the comfort zone a bit to scared to work there way out are a bit lazy, shouldn't be moaning now that the government should tax the people who worked hard on themsleves and out of poorly paid jobs, should pay tax for their pensions?
Yes thats true, I realised that after I posted, but some people take risks and take advantage of the opportunities and try and work their way up.
You will find examples of people starting from the most difficult starts in life and acheiving great things, be it wealth fame or whatever they want and the quite the reverse.
You receive the full state pension into your bank account.
HRMC add up your state pension and company pension and take tax owing from your company pension.
One's state pension benefits from the relevant tax allowance first and foremost - and as state pensions tend to be a lower figure than one's tax allowance then one's State Pension 'appears' to be tax-free i.e. it doesn't reach the threshold of the tax allowance. One's occupational pension will then benefit from the 'unspent' or remainder of the tax allowance e.g. if one's tax allowance is £13.5K and one one's State Pension is £9K, the 'unspent tax allowance' (i.e. the difference in the two figures) of £4.5K is applied as the tax allowance for the Occ Pen.
Thanks, I’ll still need to pay tax on the money I get for the blog, so I assume I’ll be able to find out how much tax I’ve paid for 22/23 when I log onto Government Gateway next May?
If Inland Revenue are aware of both your State Pension and Occupational Pension (which seems the case) and that your tax allowance is fully 'spent' between those two incomes then you will need to put aside 20% of the income you receive from the blog (assuming the latter doesn't bump up your annual income to £50K!).
Cheers TBG, that’s what I thought - no, forget Gareth Bale, Rubin Colwill will be long, long retired before my total blog income reaches 50 grand.
Absolute tosh. My parents bought their house 30 years ago for ~£60k, the same house now is worth ~£400k. Average wages certainly haven’t increased by 700% in that time. Just because a third of their income doesn’t go to a landlord and mine does, isn’t because I’ve made worse financial decisions.
Posting Permissions
Reply With Quote
