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Mr Clegg v OAP's


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What pension would a former carpenter who trained as a teacher receive if they taught for 5 years?It would be 12% of their £20,000 salary OR £2400 pa OR £48 per week-Luxury!!!!!:hihi:
... or less than the tax on a new Rolls.
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All people people pay tax once their income exceeds £6000 pa,irrespective of age.They have been feeding you more porkies.

 

The basic tax threshold is £7475, but goes up to £9940 once you hit 65 and over £10k if you make it to 80.

http://www.uktaxcalculators.co.uk/custom-tax-calculator.php

 

If Badlittlepup's parents get more than the national average wage in pensions yet pay no tax, they must have a very good accountant!

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