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Wanderers Ways. Neil Thompson 1961-2021

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Posted
45 minutes ago, Casino said:

is that true?

id have thought there were plenty folk only getting state pension

and my guess, just a guess, is that as thresholds have been held for a while, in a couple of years folk on state pension will move into tax bracket?

 

either way, its cynical, obvious and once again prioritising old over young

the politics of division

again

Laughable. Tell me, why do you think it is that older people have been leading countries all around the world (including the number one) for so long with small breaks under whipper snappers here and there?

Obviously life experience is held in high regard. Even some of the tribes you offer succour to pay due respect to their elders.

Time to engage the grey matter pal. I won't bother suggesting the same to the quadruple fantasist.

Posted
55 minutes ago, bolty58 said:

Laughable. Tell me, why do you think it is that older people have been leading countries all around the world (including the number one) for so long with small breaks under whipper snappers here and there?

Obviously life experience is held in high regard. Even some of the tribes you offer succour to pay due respect to their elders.

Time to engage the grey matter pal. I won't bother suggesting the same to the quadruple fantasist.

In the case of America, isn't it partly the case that it is uber expensive to run as a candidate so you need to have vast personal wealth (done by a long working life) or wealthy backer? 

So for the former chances are it's not going to be a young whipper snapper 

Posted
2 hours ago, bolty58 said:

Laughable. Tell me, why do you think it is that older people have been leading countries all around the world (including the number one) for so long with small breaks under whipper snappers here and there?

Obviously life experience is held in high regard. Even some of the tribes you offer succour to pay due respect to their elders.

Time to engage the grey matter pal. I won't bother suggesting the same to the quadruple fantasist.

Think every single person on here, including you, has acknowledged that the fact the 'best' the US can come up with in an election is Biden and Trump is pathetic. 

Both too old to do the job. 

Posted

On this pension business. Just read that in 2010 under Labour, personal allowance was £6475 for people under 65 and £9490 for people over 65. (No one complained)
Also, only 49% of pensioners paid tax in 2010 compared to 62% in 2022-23. I suspect it’s a lot more now with the rise this year and freeze in PA. 

Posted
2 hours ago, DirtySanchez said:

In the case of America, isn't it partly the case that it is uber expensive to run as a candidate so you need to have vast personal wealth (done by a long working life) or wealthy backer? 

So for the former chances are it's not going to be a young whipper snapper 

A fair observation but then you consider Gorbachev, Churchill, Dubya, De Gaulle, Chirac, Berlusconi (fuck this, I ain't listing them all. I'll be here til fucking Lammas).

Posted
1 hour ago, Ani said:

Think every single person on here, including you, has acknowledged that the fact the 'best' the US can come up with in an election is Biden and Trump is pathetic. 

Both too old to do the job. 

One is but please refer to the post above. 

Posted
1 hour ago, BobyBrno said:


Also, only 49% of pensioners paid tax in 2010 compared to 62% in 2022-23. I suspect it’s a lot more now with the rise this year and freeze in PA. 

tbh, ive no problem pensioners with hefty pensions paying tax

im really struggling to see why its just become something they want to do something about - for those just getting state pension, that is

Posted
42 minutes ago, Casino said:

tbh, ive no problem pensioners with hefty pensions paying tax

im really struggling to see why its just become something they want to do something about - for those just getting state pension, that is

😊 Not guilty. I get by.

It’s a GE. 

Posted
1 hour ago, Casino said:

tbh, ive no problem pensioners with hefty pensions paying tax

im really struggling to see why its just become something they want to do something about - for those just getting state pension, that is

People contribute to their Pensions, and do so before tax is taken off, assuming done via PAYE. Company make contributions which are company expenses so taken before any Corp Tax.

If you have your own business Pension Contributions are taken out before you calculate your company tax bill. 
 

People with 'massive pensions' have saved upto 40% to build the pot, plus employers contributions.

From your pot the first 25% is tax free, so if you get to £500k in your pot you can take £125k as a tax free lump. You can then basically take your State Pension 'tax free' , this uses up vast majority of your annual tax allowance, but you can take another £37500 at 20% tax. So you have about £42k 'cash' a year to spend before you touch the £125k. 
 

Tax burden for Pensioners is not excessive and has been built using tax efficient methods. This policy they have come out with is bollocks. Their inability to do anything about the major issues over last few years when they have been infighting means they making shit up on the hoof and it shows. 

Posted
4 minutes ago, Ani said:

People contribute to their Pensions, and do so before tax is taken off, assuming done via PAYE. Company make contributions which are company expenses so taken before any Corp Tax.

If you have your own business Pension Contributions are taken out before you calculate your company tax bill. 
 

People with 'massive pensions' have saved upto 40% to build the pot, plus employers contributions.

From your pot the first 25% is tax free, so if you get to £500k in your pot you can take £125k as a tax free lump. You can then basically take your State Pension 'tax free' , this uses up vast majority of your annual tax allowance, but you can take another £37500 at 20% tax. So you have about £42k 'cash' a year to spend before you touch the £125k. 
 

Tax burden for Pensioners is not excessive and has been built using tax efficient methods. This policy they have come out with is bollocks. Their inability to do anything about the major issues over last few years when they have been infighting means they making shit up on the hoof and it shows. 

Cheers for summarising. 

I’ll admit I know very little about the subject but had come to the same conclusion you did. They’re absolutely clueless 

Posted
3 minutes ago, Winchester White said:

Quelle surprise.

It doesnt actually mean she did nothing wrong

My understanding is it was never a police matter and its 'out of time' to be an HMRC matter

Might be getting muddled but if not, the question is why GMP assigned quite some resource to it

Im sure its just a coincidence the Chief Con is in bed with the Tories

Posted
26 minutes ago, Casino said:

It doesnt actually mean she did nothing wrong

My understanding is it was never a police matter and its 'out of time' to be an HMRC matter

Might be getting muddled but if not, the question is why GMP assigned quite some resource to it

Im sure its just a coincidence the Chief Con is in bed with the Tories

Involving the police was a publicity stunt by a desperate party. 

Posted
7 minutes ago, Farrelli said:

Involving the police was a publicity stunt by a desperate party. 

Greater Manchester Police said it would not take any further police action but had referred their investigation to HMRC and Stockport Council because "council tax and personal tax do not fall into the jurisdiction of policing".

They could have said that from day one 

Posted
5 minutes ago, DirtySanchez said:

Greater Manchester Police said it would not take any further police action but had referred their investigation to HMRC and Stockport Council because "council tax and personal tax do not fall into the jurisdiction of policing".

They could have said that from day one 

Yes

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