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Thread: Survive the winter and pensioners will get £200 a week in April

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  1. #1
    International
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    Re: Survive the winter and pensioners will get £200 a week in April

    Quote Originally Posted by Taunton Blue Genie View Post
    Could you explain how that worked, old fruit? I don't get it. Cheers
    Simple.
    My sate pension increased. Every pound of my stated pension takes away a pound of my personal allowance.
    The treasury did not increase the personal allowance for this year, so the increase in my state pension meant there was less of my allowance to put against my occupational pension.
    My occupational pension increased but but that was more than wiped out by the extra tax I had to pay.

  2. #2

    Re: Survive the winter and pensioners will get £200 a week in April

    Quote Originally Posted by xsnaggle View Post
    Simple.
    My sate pension increased. Every pound of my stated pension takes away a pound of my personal allowance.
    The treasury did not increase the personal allowance for this year, so the increase in my state pension meant there was less of my allowance to put against my occupational pension.
    My occupational pension increased but but that was more than wiped out by the extra tax I had to pay.
    Thought so. Just was a bit ambiguous when you said your occ pen went down.

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