| Better-off pensioners to pay for WFA U-turn? on 10:19 - Jun 5 with 1268 views | Boundy |
Pity that, with some similarities to our own Senedd , a well thought out policy should have been introduced instead of this car crash where taking money from mostly deserving pensioners was undertaken and now on reflection and the fear of Reform that this will be reversed for some . Swansea Wests' MP who prior to the election had no idea of where Swansea was or even what it is has now has an important role in deciding policy, I suppose he has to earn his money somehow. |  |
| "In a free society, the State is the servant of the people—not the master." |
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| Better-off pensioners to pay for WFA U-turn? on 10:29 - Jun 5 with 1251 views | raynor94 |
Doesn't suprise me at all, you work all your life and save for a comfortable retirement, and then get penalised to subsidise people who have hardly worked a day in their life.
I'm sure our resident landlord will be along to comment |  |
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| Better-off pensioners to pay for WFA U-turn? on 11:01 - Jun 5 with 1216 views | Boundy |
| Better-off pensioners to pay for WFA U-turn? on 10:29 - Jun 5 by raynor94 |
Doesn't suprise me at all, you work all your life and save for a comfortable retirement, and then get penalised to subsidise people who have hardly worked a day in their life.
I'm sure our resident landlord will be along to comment |
Never feel guilty for doing the right thing , private pension for working hard all my life along with it now my state pension ,maybe it'll catch on when people realise how beneficial it could be in later years but then perhaps not when Governments try to make it a sin. | |
| "In a free society, the State is the servant of the people—not the master." |
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| Better-off pensioners to pay for WFA U-turn? on 11:35 - Jun 5 with 1195 views | onehunglow |
Only country in Europe where older people are seen with contempt or ridicule
Easy prey | |
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| Better-off pensioners to pay for WFA U-turn? on 11:38 - Jun 5 with 1179 views | swan65split |
I suspect with this lot, the vast majority of pensioners wont get it. |  | | |
| Better-off pensioners to pay for WFA U-turn? on 11:52 - Jun 5 with 1158 views | builthjack |
Perhaps if the huge companies paid proper taxes(the likes of Starbucks etc who siphon money to Switzerland, Amazon who avoided £500 million last year )the UK Government could afford to pay the winter fuel allowance.
The next time you grab a coffee from these companies, or order off Amazon, have a think about it.
Tax avoidance is set up by the rich to help the rich. |  |
| Swansea Indepenent Poster Of The Year 2021. Dr P / Mart66 / Roathie / Parlay / E20/ Duffle was 2nd, but he is deluded and thinks in his little twisted brain that he won. Poor sod. We let him win this year, as he has cried for a whole year. His 14 usernames, bless his cotton socks.
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| Better-off pensioners to pay for WFA U-turn? on 12:34 - Jun 5 with 1104 views | controversial_jack |
| Better-off pensioners to pay for WFA U-turn? on 10:29 - Jun 5 by raynor94 |
Doesn't suprise me at all, you work all your life and save for a comfortable retirement, and then get penalised to subsidise people who have hardly worked a day in their life.
I'm sure our resident landlord will be along to comment |
It's not an entitlement, it's a benefit for those who need it. It was brought in by Labort in the late 90s, we didn't have it prior to that | | | |
| Better-off pensioners to pay for WFA U-turn? on 13:25 - Jun 5 with 1096 views | JACKMANANDBOY |
| Better-off pensioners to pay for WFA U-turn? on 11:01 - Jun 5 by Boundy |
Never feel guilty for doing the right thing , private pension for working hard all my life along with it now my state pension ,maybe it'll catch on when people realise how beneficial it could be in later years but then perhaps not when Governments try to make it a sin. |
My Dad was one of those who looked after himself, ran his own business, saved, brought a house etc.
When he went into care his care bill ran to £600,000 and I sold his house along the way to pay for his care. The guy on the room next to him had all his care bills paid.
My Dad should have spent everything when he retired he could have had a good time and saved himself £600,000.
Doing the right thing costs you a fortune. |  |
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| Better-off pensioners to pay for WFA U-turn? on 13:36 - Jun 5 with 1091 views | onehunglow |
| Better-off pensioners to pay for WFA U-turn? on 11:52 - Jun 5 by builthjack |
Perhaps if the huge companies paid proper taxes(the likes of Starbucks etc who siphon money to Switzerland, Amazon who avoided £500 million last year )the UK Government could afford to pay the winter fuel allowance.
The next time you grab a coffee from these companies, or order off Amazon, have a think about it.
Tax avoidance is set up by the rich to help the rich. |
Everyone avoids tax where possible
It's why ISAs were brought in and are still here | |
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| Better-off pensioners to pay for WFA U-turn? on 14:13 - Jun 5 with 1039 views | majorraglan |
I think the government decision to stop the WFA for all pensioners was right, but the way they implemented the change was completely wrong. Setting the threshold at Pension Credit level is far to low because there are lots of people living just above that threshold who are really struggling. Lots of women who are now in their 70’s and 80’s and who worked part time back when they had children in the 1960’s, 1970’s and 1980’s weren’t allowed to contribute to pension schemes, so if they are widows they could easily be struggling just above pension credit level.
A guy I know has a really good pension as does his wife and they are pulling £100k per year in pensions, there’s no way they should get the WFA because they don’t need it. I know another couple who are pulling around £160k a year in pensions and rental income, they don’t need and shouldn’t have the WFA either.
As has been pointed out by several posters on here, some save and are frugal while others waste all their cash and get bailed out by the state. There needs to be a change, how we implement it I don’t know, but benefits should be safety net to support people who need it and not a way of life. There should be caps in terms of times and people should be made to work for the dole. If benefits were frozen or halved, how many would magically recover and go back to work? I saw an article in the news this week about a woman who claimed £22k in PIP and couldn’t stand up etc when she was running marathons. Makes my blood boil.
The genuinely ill must be supported, but we need to sort out the work shy and the malingerers. | | | |
| Better-off pensioners to pay for WFA U-turn? on 17:26 - Jun 5 with 956 views | JACKMANANDBOY |
| Better-off pensioners to pay for WFA U-turn? on 14:13 - Jun 5 by majorraglan |
I think the government decision to stop the WFA for all pensioners was right, but the way they implemented the change was completely wrong. Setting the threshold at Pension Credit level is far to low because there are lots of people living just above that threshold who are really struggling. Lots of women who are now in their 70’s and 80’s and who worked part time back when they had children in the 1960’s, 1970’s and 1980’s weren’t allowed to contribute to pension schemes, so if they are widows they could easily be struggling just above pension credit level.
A guy I know has a really good pension as does his wife and they are pulling £100k per year in pensions, there’s no way they should get the WFA because they don’t need it. I know another couple who are pulling around £160k a year in pensions and rental income, they don’t need and shouldn’t have the WFA either.
As has been pointed out by several posters on here, some save and are frugal while others waste all their cash and get bailed out by the state. There needs to be a change, how we implement it I don’t know, but benefits should be safety net to support people who need it and not a way of life. There should be caps in terms of times and people should be made to work for the dole. If benefits were frozen or halved, how many would magically recover and go back to work? I saw an article in the news this week about a woman who claimed £22k in PIP and couldn’t stand up etc when she was running marathons. Makes my blood boil.
The genuinely ill must be supported, but we need to sort out the work shy and the malingerers. |
The obvious thing to do was to limit the payment to basic rate tax payers as a first step. The Government will now find a more complicated way to do it because this is about saving face. | |
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| Better-off pensioners to pay for WFA U-turn? on 17:29 - Jun 5 with 955 views | Gwyn737 |
| Better-off pensioners to pay for WFA U-turn? on 17:26 - Jun 5 by JACKMANANDBOY |
The obvious thing to do was to limit the payment to basic rate tax payers as a first step. The Government will now find a more complicated way to do it because this is about saving face. |
This seems really sensible to me.
But naturally anywhere the line is drawn will see those just above feel cheated. | | | |
| Better-off pensioners to pay for WFA U-turn? on 17:57 - Jun 5 with 931 views | JACKMANANDBOY |
| Better-off pensioners to pay for WFA U-turn? on 17:29 - Jun 5 by Gwyn737 |
This seems really sensible to me.
But naturally anywhere the line is drawn will see those just above feel cheated. |
They will probably come up with something complicated when something simple would do it! | |
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| Better-off pensioners to pay for WFA U-turn? on 18:09 - Jun 5 with 926 views | SullutaCreturned |
| Better-off pensioners to pay for WFA U-turn? on 13:36 - Jun 5 by onehunglow |
Everyone avoids tax where possible
It's why ISAs were brought in and are still here |
The big difference is the government allows us working plebs to save a few hundred but the rules are set up so the really rich can save tens of thousands and even hundreds of thousands.
In fact when Tony Blair's government started to re-write the tax laws didn't they employ tax specialists (I believe PwC and KPMG maybe others) to advise them and so, many of the loopholes that the rich and corporations use to avoid tax were deliberately written in and these very expensive accountants know all about them. | | | |
| Better-off pensioners to pay for WFA U-turn? on 20:07 - Jun 5 with 887 views | majorraglan |
| Better-off pensioners to pay for WFA U-turn? on 17:26 - Jun 5 by JACKMANANDBOY |
The obvious thing to do was to limit the payment to basic rate tax payers as a first step. The Government will now find a more complicated way to do it because this is about saving face. |
Setting it to basic tax payers will still see it going to people potentially “earning” £50k per annum, so far a couple that could be £100k per year. | | | |
| Better-off pensioners to pay for WFA U-turn? on 20:19 - Jun 5 with 876 views | Dr_Winston |
| Better-off pensioners to pay for WFA U-turn? on 14:13 - Jun 5 by majorraglan |
I think the government decision to stop the WFA for all pensioners was right, but the way they implemented the change was completely wrong. Setting the threshold at Pension Credit level is far to low because there are lots of people living just above that threshold who are really struggling. Lots of women who are now in their 70’s and 80’s and who worked part time back when they had children in the 1960’s, 1970’s and 1980’s weren’t allowed to contribute to pension schemes, so if they are widows they could easily be struggling just above pension credit level.
A guy I know has a really good pension as does his wife and they are pulling £100k per year in pensions, there’s no way they should get the WFA because they don’t need it. I know another couple who are pulling around £160k a year in pensions and rental income, they don’t need and shouldn’t have the WFA either.
As has been pointed out by several posters on here, some save and are frugal while others waste all their cash and get bailed out by the state. There needs to be a change, how we implement it I don’t know, but benefits should be safety net to support people who need it and not a way of life. There should be caps in terms of times and people should be made to work for the dole. If benefits were frozen or halved, how many would magically recover and go back to work? I saw an article in the news this week about a woman who claimed £22k in PIP and couldn’t stand up etc when she was running marathons. Makes my blood boil.
The genuinely ill must be supported, but we need to sort out the work shy and the malingerers. |
This right here. |  |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| Better-off pensioners to pay for WFA U-turn? on 20:29 - Jun 5 with 857 views | onehunglow |
Clearly it's better not to work and have the state provide
Saving for a pension!
Hell, you might be successful in life so it's all down to you when you're old
Never working , not a problem
God help us | |
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| Better-off pensioners to pay for WFA U-turn? on 20:30 - Jun 5 with 856 views | max936 |
| Better-off pensioners to pay for WFA U-turn? on 10:29 - Jun 5 by raynor94 |
Doesn't suprise me at all, you work all your life and save for a comfortable retirement, and then get penalised to subsidise people who have hardly worked a day in their life.
I'm sure our resident landlord will be along to comment |
As you say people work all their lives pay in to the system and also manage to save a few sheckles for their retirement along the way to help to pay for the little extras like a few nice holidays etc, with the State pension helping to pay the everyday cost of living and the government say you don't need it all the money, despite the fact that you've paid into the system for 50yrs or more.
Easy for them cause they won't be affected no wonder people don't vote, none of these clowns can be trusted, Disgusting |  |
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| Better-off pensioners to pay for WFA U-turn? on 20:31 - Jun 5 with 852 views | onehunglow |
| Better-off pensioners to pay for WFA U-turn? on 20:30 - Jun 5 by max936 |
As you say people work all their lives pay in to the system and also manage to save a few sheckles for their retirement along the way to help to pay for the little extras like a few nice holidays etc, with the State pension helping to pay the everyday cost of living and the government say you don't need it all the money, despite the fact that you've paid into the system for 50yrs or more.
Easy for them cause they won't be affected no wonder people don't vote, none of these clowns can be trusted, Disgusting |
Absolutely bang on the money | |
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| Better-off pensioners to pay for WFA U-turn? on 20:33 - Jun 5 with 851 views | max936 |
| Better-off pensioners to pay for WFA U-turn? on 13:36 - Jun 5 by onehunglow |
Everyone avoids tax where possible
It's why ISAs were brought in and are still here |
Isa's are only Tax free for a year after that you got to pay tax on the interest, | |
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| Better-off pensioners to pay for WFA U-turn? on 20:35 - Jun 5 with 828 views | builthjack |
| Better-off pensioners to pay for WFA U-turn? on 13:36 - Jun 5 by onehunglow |
Everyone avoids tax where possible
It's why ISAs were brought in and are still here |
If these big companies paid their taxes, then things like the winter fuel payment would still be in place. | |
| Swansea Indepenent Poster Of The Year 2021. Dr P / Mart66 / Roathie / Parlay / E20/ Duffle was 2nd, but he is deluded and thinks in his little twisted brain that he won. Poor sod. We let him win this year, as he has cried for a whole year. His 14 usernames, bless his cotton socks.
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| Better-off pensioners to pay for WFA U-turn? on 20:46 - Jun 5 with 803 views | max936 |
| Better-off pensioners to pay for WFA U-turn? on 20:35 - Jun 5 by builthjack |
If these big companies paid their taxes, then things like the winter fuel payment would still be in place. |
It makes you think and wonder about how many government figures have an interest in these big businesses, there's always ways and means to get around any rules.
Got to re-do some of my quals early next year for another 5yrs and I'm retiring in the autumn of 2027, I've known and know of a few people who have gone on to work past their retirement who are paying tax on wages and their pension putting even more money into the coffers, I won't be doing that no chance. | |
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| Better-off pensioners to pay for WFA U-turn? on 12:21 - Jun 7 with 581 views | JACKMANANDBOY |
| Better-off pensioners to pay for WFA U-turn? on 20:33 - Jun 5 by max936 |
Isa's are only Tax free for a year after that you got to pay tax on the interest, |
You can have a ISA every year. The tax protection on interest etc remains in place, there are people who have used their ISA allowance every year for a long time and hold £1M+ tax free. | |
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| Better-off pensioners to pay for WFA U-turn? on 18:05 - Jun 7 with 514 views | ReslovenSwan1 |
| Better-off pensioners to pay for WFA U-turn? on 20:33 - Jun 5 by max936 |
Isa's are only Tax free for a year after that you got to pay tax on the interest, |
I have my 20 year old Tessa in an ISA and pay no tax. You probably have taken a one year cash ISA. It does come to an end but you can roll it on to the next year and have another one.
I have rolled on my Tessa for years and pay jo tax.
Hope that helps. The way to go if under 39 yo is a lifetime ISA where HMG gives 25% bonus and no tax on way out. |  |
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| Better-off pensioners to pay for WFA U-turn? on 18:53 - Jun 7 with 484 views | max936 |
| Better-off pensioners to pay for WFA U-turn? on 12:21 - Jun 7 by JACKMANANDBOY |
You can have a ISA every year. The tax protection on interest etc remains in place, there are people who have used their ISA allowance every year for a long time and hold £1M+ tax free. |
Yeah, I know that, but you have to move providers, I've a couple, but its like chucking balls in the air, my lad has got a life time ISA but that's no good to me at my time of life and with only 2yrs left to work. | |
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