Tradescanthia Posted August 26, 2012 Share Posted August 26, 2012 Deleted by myself Link to comment Share on other sites More sharing options...
Ms Macbeth Posted August 26, 2012 Share Posted August 26, 2012 I am old. I also have a life and interests outside of work. The people I am referring to are motivated by greed. I should [with luck] reach pension age in 18 months time and I intend to enjoy life as much as possible. Perhaps the fact that I work for a total @rsehole of a company has a bearing on my attitude to work. If you haven't reached retirement age you're certainly not old! Old starts well into the 70s these days. Link to comment Share on other sites More sharing options...
Rupert_Baehr Posted August 26, 2012 Share Posted August 26, 2012 I would be very happy if I paid £20,000 a year tax on my pension. I wish it was that big. Link to comment Share on other sites More sharing options...
anywebsite Posted August 26, 2012 Share Posted August 26, 2012 Yes you should, it's income. You receive tax relief on pension contributions so you aren't taxed on the same money twice. Pensioners already get everything free, now they want to stop paying tax too? Link to comment Share on other sites More sharing options...
Jim Hardie Posted August 26, 2012 Share Posted August 26, 2012 Yes you should, it's income. You receive tax relief on pension contributions so you aren't taxed on the same money twice. Pensioners already get everything free, now they want to stop paying tax too? ........a slight exaggeration. Link to comment Share on other sites More sharing options...
Ms Macbeth Posted August 26, 2012 Share Posted August 26, 2012 ........a slight exaggeration. A very big exaggeration! Although I do appreciate my travel pass and the odd free prescription. Link to comment Share on other sites More sharing options...
anywebsite Posted August 26, 2012 Share Posted August 26, 2012 Free TV licence, winter fuel, insulation, passports, prescriptions, eye tests, transport, etc. Guaranteed income of at least £119/week even if you've never worked. If you're paying income tax on your pension then you're already deferring the taxes you would have otherwise paid on the contributions you made while you were working, so you get to use your allowances more tax efficiently by having a pension. It's a cheek to say it should be tax free. Link to comment Share on other sites More sharing options...
Rupert_Baehr Posted August 26, 2012 Share Posted August 26, 2012 Free TV licence, winter fuel, insulation, passports, prescriptions, eye tests, transport, etc. Guaranteed income of at least £119/week even if you've never worked. ... Really? - where do you sign up? Link to comment Share on other sites More sharing options...
anywebsite Posted August 26, 2012 Share Posted August 26, 2012 Really? - where do you sign up? In the UK, Rupert. I'm not sure if they have it wherever you are, maybe they're more sensible there. We also have higher income tax allowances for pensioners. They no longer pay national insurance contributions. Link to comment Share on other sites More sharing options...
Rupert_Baehr Posted August 26, 2012 Share Posted August 26, 2012 I'm a UK taxpayer (though I spend most of the year 'on holiday' elsewhere. ) When the UK Infernal Retinue want money from me they don't seem to have any problem in finding me ... but when it comes to handouts, nobody seems to bother chasing me. Link to comment Share on other sites More sharing options...
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