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Post by Bentley on Jan 20, 2024 12:18:29 GMT
Of course they do. They pay NI contributions so they get the appropriate state pension . You have been told this many times . OK but you don't agree that the state pension is huge . Like I already pointed out its the Second biggest Government expenditure after the NHS.and it's paid to a minority of the population 19% . If you don't think that state pension what is the second biggest expenditure of Government spending you obviously no idea Millionaires get the same as people earning £50000. Most of the expenditure is on pensioners with low income that need pension credit and other benefits . This must be the fifth time that you have been told this .
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Post by The Squeezed Middle on Jan 20, 2024 12:19:56 GMT
Well you obviously don't.
The majority of pensioners have paid for the pensions throughout their whole working lives (I'm 53 and I already have) and those horrible "Millionaires" will have paid far more still through their higher rates of tax (like I already have).
Meanwhile, your mate "Abdullah" has contributed the square root of fuck all.
Much like your intellectual contribution to the debate, come to mench.
you being a clever Fella would know state pension has Northing to do with tax. But NI contribution. And they only pay around 3% NI. You know that if has you Claimay pay top Rated tax Don't be stupid - it's all tax. And, as my NI contribution rate falls, my income tax rate doubles.
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Post by jonksy on Jan 20, 2024 12:22:11 GMT
Of course they do. They pay NI contributions so they get the appropriate state pension . You have been told this many times . OK but you don't agree that the state pension is huge . Like I already pointed out its the Second biggest Government expenditure after the NHS.and it's paid to a minority of the population 19% . If you don't think that state pension what is the second biggest expenditure of Government spending you obviously no idea Knock yourself out lefty old bean...
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Post by Totheleft on Jan 20, 2024 12:22:26 GMT
OK but you don't agree that the state pension is huge . Like I already pointed out its the Second biggest Government expenditure after the NHS.and it's paid to a minority of the population 19% . If you don't think that state pension what is the second biggest expenditure of Government spending you obviously no idea Millionaires get the same as people earning £50000. Most of the expenditure is on pensioners with low income that need pension credit and other benefits . This must be the fifth time that you have been told this . What' on earth are you on about know If you're going to keep trolling my post talking crapoint don't bother replying to them or end up blocking you Something I don't like doing to anyone.
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Post by Bentley on Jan 20, 2024 12:28:36 GMT
Millionaires get the same as people earning £50000. Most of the expenditure is on pensioners with low income that need pension credit and other benefits . This must be the fifth time that you have been told this . What' on earth are you on about know If you're going to keep trolling my post talking crapoint don't bother replying to them or end up blocking you Something I don't like doing to anyone. I was reply to your post you idiot . You are whining about the cost of pensions and trying to tell us that millionaires have huge pensions . They don’t and you have been told this time and time again . The pensioners who get pension credit and other supplements are poor pensioners. You have been told this many times too but you still keep posting this shit linking high pension costs to millionaires .
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Post by ratcliff on Jan 20, 2024 12:47:43 GMT
No one gets a huge state pension afaik
State pension in the opening post is given as £201 per week - a few pounds over £10000 pa for a sole pensioner ( just over £15000 for a couple) Hardly huge especially if compared : Single benefit cap : 2023/24 is set at £1,413.92 a month if you live in Greater London, and £1,229.42 if you live outside Greater London. www.independentage.org/get-advice/money/benefits/benefit-cap#:~:text=If%20you're%20single%20with,anywhere%20else%20in%20the%20UK. no that's if you read it that's pension Credits what's added on top of State pension . So that equals to about £500 A week and there the Dissabibllity payments or pip some receive and Carers Allowance there no limit to what they can Claim Eh? Try again - that's state pension (which is taxable ) nothing to do with benefits and AFAIK an OAP cannot claim carers (which is taxable) as well as OAP pension . Also disability benefits and PIP are not availabe to OAPs Those with disabilities needing care may be able to claim attendance allowance None of this comes to anything like £500 pw - you are wrong Attendance Allowance rates
Lower rate - £68.10 Frequent help or constant supervision during the day, or supervision at night
Higher rate - £101.75 Help or supervision throughout both day and night, or a medical professional has said you might have 12 months or less to live www.gov.uk/attendance-allowance/what-youll-get
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Post by ratcliff on Jan 20, 2024 12:53:34 GMT
Would that be Awful millionaires that Spend less on VAT and have Charity Organisations that don't pay a penny in Corporate tax Yep.it would like I said dont Expect you to understand that. And Glad you said the Marjority of the. Paid for their pensions throughout all their life you do know that means Nowt . Now the pension they receive now It's Sicking that they get less in a week wage then pensiones get in there State pension. If I've translated your post correctly (?) you appear to be trying to claim that state pensioners receive more than minimum wage - you are wrong minimum wage = £11.44 per hour x 40 hours pw = £457.60 pw state pension in your opening post (so your own figures) = £201 pw Thus those on minimum wage receive £256.60 pw MORE than an OAP pensioner
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Post by ratcliff on Jan 20, 2024 12:58:27 GMT
Technically, I think the State Pension is always paid without any tax deduction. The tax gets deducted from the other sources of income by the HMRC manipulating the tax code. Yes it’s paid initially without tax deduction but if you earn enough state pension over the allowance then you will be getting a tax bill. HMRC has recently notified that anyone with an ebay type /etsy type side hustle who sells more than £1000 a year will be expected to complete self assessment and will be taxed on this income Apparently the various platforms will be sharing vendor detail with HMRC
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Post by ratcliff on Jan 20, 2024 13:05:40 GMT
No I'm not saying that I'm saying the pensioners taking Dissabilty Benifits would be taking out of the Country. Added on top of what other free Benifits they including Health and Social care There no way they Paid enough NI contribution throughout there working lifes to cover all the Cost That's why there a burden to the Country. So you're saying that benefits should be based on contributions? And therefore non-contributors should get nothing?
That makes you an old-school Tory.
I agree. Well done. I agree too None of those never worked spongers with lazyitis should get a penny in taxpayer handouts
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Post by ratcliff on Jan 20, 2024 13:10:49 GMT
So what? Your claim that millionaires get a huge state Pension was false . They get the same as someone who earns £ 50000 per year . State pensions are calculated by what you contributed so the reduction of the rate will be reflected in the pension you receive. Are you joking you dont think the State pension huge when it's the Second Biggest expenditure after the NHS and there only 19% of the population aged over 65. Lpl to be honest don't know why you Right wingers .Lick the Milonairs bum So much ''Only'' 19% of the population is over 65? Do you not understand that means that equates to 1 in 5 of the population (including children/babies) It is a very large segment of the whole population
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Post by Totheleft on Jan 20, 2024 13:33:38 GMT
OK but you don't agree that the state pension is huge . Like I already pointed out its the Second biggest Government expenditure after the NHS.and it's paid to a minority of the population 19% . If you don't think that state pension what is the second biggest expenditure of Government spending you obviously no idea Knock yourself out lefty old bean...
you do know that not the spend over a period of time don't you 😆 not the expenditure for 2023. prices) Spending by function, as a % of total managed expenditure and in £ billion (2022–23 prices) 1978−79 1996−97 2007−08 2022–23 Health % of TME 9.4 13.0 16.0 18.3 £ billion 44.4 74.7 141.6 211.6 Education % of TME 11.9 11.5 12.5 9.1 £ billion 55.9 66.0 110.2 105.5 Defence % of TME 9.6 6.7 5.3 4.8 £ billion 45.4 38.6 47.2 55.5 Social security (pensioners) % of TME 12.0 14.7 14.9 12.2 £ billion 56.7 84.5 131.8 141.2 Social security (working-age and children) % of TME 8.5 14.2 13.1 10.2 £ billion 40.3 81.6 115.5 117.5 Public order and safety % of TME 3.3 5.0 5.0 3.8 £ billion 15.4 28.6 44.4 43.9 Transport % of TME 3.6 2.9 3.3 3.8 £ billion 16.9 16.6 28.9 43.6 Housing and community amenities % of TME 6.3 1.7 2.1 1.5 £ billion 29.9 10.0 18.2 17.8 Overseas aid % of TME 1.0 0.6 0.8 1.1 £ billion 4.9 3.6 7.4 12.6 Long-term care % of TME - 2.3 2.9 2.4 £ billion - 13.2 25.7 28.1 Net debt interest % of TME 8.4 7.4 4.5 8.4 £ billion 39.4 42.3
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Post by ratcliff on Jan 20, 2024 14:10:09 GMT
Knock yourself out lefty old bean...
you do know that not the spend over a period of time don't you 😆 not the expenditure for 2023. prices) Spending by function, as a % of total managed expenditure and in £ billion (2022–23 prices) 1978−79 1996−97 2007−08 2022–23 Health % of TME 9.4 13.0 16.0 18.3 £ billion 44.4 74.7 141.6 211.6 Education % of TME 11.9 11.5 12.5 9.1 £ billion 55.9 66.0 110.2 105.5 Defence % of TME 9.6 6.7 5.3 4.8 £ billion 45.4 38.6 47.2 55.5 Social security (pensioners) % of TME 12.0 14.7 14.9 12.2 £ billion 56.7 84.5 131.8 141.2 Social security (working-age and children) % of TME 8.5 14.2 13.1 10.2 £ billion 40.3 81.6 115.5 117.5 Public order and safety % of TME 3.3 5.0 5.0 3.8 £ billion 15.4 28.6 44.4 43.9 Transport % of TME 3.6 2.9 3.3 3.8 £ billion 16.9 16.6 28.9 43.6 Housing and community amenities % of TME 6.3 1.7 2.1 1.5 £ billion 29.9 10.0 18.2 17.8 Overseas aid % of TME 1.0 0.6 0.8 1.1 £ billion 4.9 3.6 7.4 12.6 Long-term care % of TME - 2.3 2.9 2.4 £ billion - 13.2 25.7 28.1 Net debt interest % of TME 8.4 7.4 4.5 8.4 £ billion 39.4 42.3 Why not post a link to whatever you are hoping to show as whatever it is has failed to format correctly
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Post by dodgydave on Jan 22, 2024 1:16:20 GMT
Yes it’s paid initially without tax deduction but if you earn enough state pension over the allowance then you will be getting a tax bill. HMRC has recently notified that anyone with an ebay type /etsy type side hustle who sells more than £1000 a year will be expected to complete self assessment and will be taxed on this income Apparently the various platforms will be sharing vendor detail with HMRC You always had to complete self-assessment on extra income above £1,000. The difference now is that ebay / etsy have to report it.
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Post by Handyman on Jan 22, 2024 16:21:12 GMT
no that's if you read it that's pension Credits what's added on top of State pension . So that equals to about £500 A week and there the Dissabibllity payments or pip some receive and Carers Allowance there no limit to what they can Claim Eh? Try again - that's state pension (which is taxable ) nothing to do with benefits and AFAIK an OAP cannot claim carers (which is taxable) as well as OAP pension . Also disability benefits and PIP are not availabe to OAPs Those with disabilities needing care may be able to claim attendance allowance None of this comes to anything like £500 pw - you are wrong Attendance Allowance rates
Lower rate - £68.10 Frequent help or constant supervision during the day, or supervision at night
Higher rate - £101.75 Help or supervision throughout both day and night, or a medical professional has said you might have 12 months or less to live www.gov.uk/attendance-allowance/what-youll-get
Yes if you are not entitled to any benefits credits whatever the top rate of the State Pension is £243 per week , a person who earns £500,000 a year will pay £211,203 Income Tax, and £13,300 National Insurance a year, and when they claim their State Pension they will get the same £243 a week
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Post by Bentley on Jan 22, 2024 17:16:29 GMT
Eh? Try again - that's state pension (which is taxable ) nothing to do with benefits and AFAIK an OAP cannot claim carers (which is taxable) as well as OAP pension . Also disability benefits and PIP are not availabe to OAPs Those with disabilities needing care may be able to claim attendance allowance None of this comes to anything like £500 pw - you are wrong Attendance Allowance rates
Lower rate - £68.10 Frequent help or constant supervision during the day, or supervision at night
Higher rate - £101.75 Help or supervision throughout both day and night, or a medical professional has said you might have 12 months or less to live www.gov.uk/attendance-allowance/what-youll-get
Yes if you are not entitled to any benefits credits whatever the top rate of the State Pension is £243 per week , a person who earns £500,000 a year will pay £211,203 Income Tax, and £13,300 National Insurance a year, and when they claim their State Pension they will get the same £243 a week Yup.👍
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